ABACUS RATIO AS: årsregnskap 2007 vs 2006
Grew 115% on revenue, cash halved-plus
approved 2008-06-30; registry 2008-09-09
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABACUS RATIO AS. Revenue 35.16m NOK → 75.48m NOK (+114.7%). Equity 8.37m NOK → 5.95m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABACUS RATIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 35.16m NOK to 75.48m NOK (+114.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 11.20m NOK → 11.84m NOK (+638.4k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -2.57m NOK → -3.63m NOK (op. margin -7.3% → -4.8%). Calculated
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↓
Equity eroded
Book equity 8.37m NOK → 5.95m NOK (equity ratio 62.1% → 20.0%). Calculated
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↓
Cash fell
Bank deposits 2.17m NOK → 908.0k NOK (-58.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.77m NOK → 29.57m NOK (36% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 18.73m NOK → 34.27m NOK (+83.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 99.9k NOK → 6.46m NOK. Reported fact