ABEL FINANS AS: årsregnskap 2007 vs 2006
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABEL FINANS AS. Revenue 379.0k NOK → 370.3k NOK (-2.3%). Net result +198.4k NOK → +122.7k NOK. Equity 1.70m NOK → 1.82m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABEL FINANS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.70m NOK → 1.82m NOK (equity ratio 74.6% → 78.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 379.0k NOK to 370.3k NOK (-2.3% YoY). Calculated
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↓
Operating result weakened
Operating result +279.1k NOK → +196.9k NOK (op. margin 73.6% → 53.2%). Calculated
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↓
Net result weakened
Net result +198.4k NOK → +122.7k NOK (net margin 52.4% → 33.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.44× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 835.0k NOK. Reported fact