ABACUS EIENDOM AS: årsregnskap 2007 vs 2006
Grew 77173% on revenue, weaker earnings
approved 2008-06-10; registry 2008-06-19
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABACUS EIENDOM AS. Revenue 396 NOK → 306.0k NOK (+77172.7%). Net result +35.4k NOK → +25 NOK. Equity 134.6k NOK → 101.7k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 396 NOK to 306.0k NOK (+77172.7% YoY). Calculated
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↑
Operating result improved
Operating result +80.3k NOK → +134.87bn NOK (op. margin 20265.9% → 44076540.0%). Calculated
What deteriorated
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↓
Net result weakened
Net result +35.4k NOK → +25 NOK (net margin 8935.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 134.6k NOK → 101.7k NOK (equity ratio 3.7% → 2.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation