ABCGRAFISK AS: årsregnskap 2007 vs 2006
Stronger earnings, cash halved-plus
approved 2008-05-25; registry 2008-08-26
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABCGRAFISK AS. Revenue 3.82m NOK → 4.00m NOK (+4.7%). Net result +11.5k NOK → +160.7k NOK. Equity 637.1k NOK → 797.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABCGRAFISK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.82m NOK to 4.00m NOK (+4.7% YoY). Calculated
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Net result improved
Net result +11.5k NOK → +160.7k NOK (net margin 0.3% → 4.0%). Calculated
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↑
Equity strengthened
Book equity 637.1k NOK → 797.8k NOK (equity ratio 39.5% → 38.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 6.17m NOK → 430.5k NOK (-93.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.53× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.17m NOK → 430.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS moved
COGS / varekostnad 189.0k NOK → 1.08m NOK (+470.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 45.2k NOK → 69.2k NOK. Reported fact