Org.nr 918 227 865 2006 → 2007 Year-over-year analysis

ABC STORMARKED AS: årsregnskap 2007 vs 2006

Shrank 37% on revenue

approved 2008-06-25; registry 2008-09-02

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABC STORMARKED AS. Revenue 8.85m NOK → 5.56m NOK (-37.2%). Equity 5.77m NOK → 2.62m NOK.

Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for ABC STORMARKED AS.

At a glance

Revenue

8.85m NOK 5.56m NOK

-37.2%

Operating result

+2.73m NOK n/m

—

Net result

+2.31m NOK n/m

—

Equity

5.77m NOK 2.62m NOK

-54.6%

Cash

n/m 1.85m NOK

—

Total assets

40.39m NOK 31.79m NOK

-21.3%

↓
Revenue fell

Operating income / revenue moved from 8.85m NOK to 5.56m NOK (-37.2% YoY). Calculated
↓
Equity eroded

Book equity 5.77m NOK → 2.62m NOK (equity ratio 14.3% → 8.2%). Calculated
↓
COGS moved

COGS / varekostnad 2.26m NOK → 2.29m NOK (+1.3% YoY). Calculated

·
Thin equity buffer

Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Paid-in equity reduced

Paid-in equity fell 2.80m NOK → 185.0k NOK — check capital reduction, conversion, or reclassification. Interpretation