Org.nr 980 565 777 2006 → 2007 Year-over-year analysis

ABC TOOLS AS: årsregnskap 2007 vs 2006

Shrank 73% on revenue, cash halved-plus

approved 2008-06-30; registry 2008-09-04

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ABC TOOLS AS. Revenue 1.21m NOK → 320.6k NOK (-73.4%). Equity 267.4k NOK → 181.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TOOLS AS.

At a glance

Revenue

1.21m NOK 320.6k NOK

-73.4%

Operating result

+155.6k NOK -69.5k NOK

-144.7%

Equity

267.4k NOK 181.7k NOK

-32.1%

Cash

6 315 NOK 1 525 NOK

-75.9%

Total assets

700.0k NOK 596.6k NOK

-14.8%

↓
Revenue fell

Operating income / revenue moved from 1.21m NOK to 320.6k NOK (-73.4% YoY). Calculated
↓
Operating result weakened

Operating result +155.6k NOK → -69.5k NOK (op. margin 12.9% → -21.7%). Calculated
↓
Equity eroded

Book equity 267.4k NOK → 181.7k NOK (equity ratio 38.2% → 30.5%). Calculated
↓
Cash fell

Bank deposits 6 315 NOK → 1 525 NOK (-75.9% YoY). Calculated

·
COGS fell

COGS / varekostnad 948.5k NOK → 360.4k NOK (-62.0% YoY). Calculated