Org.nr 925 102 423 2006 → 2007 Year-over-year analysis

ABEL FINANS AS: årsregnskap 2007 vs 2006

Weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
379.0k NOK 370.3k NOK
-2.3%
Operating result
+279.1k NOK +196.9k NOK
-29.4%
Net result
+198.4k NOK +122.7k NOK
-38.1%
Equity
1.70m NOK 1.82m NOK
+7.2%
Total assets
2.28m NOK 2.33m NOK
+2.5%

What improved

  • ↑

    Equity strengthened

    Book equity 1.70m NOK → 1.82m NOK (equity ratio 74.6% → 78.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 379.0k NOK to 370.3k NOK (-2.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +279.1k NOK → +196.9k NOK (op. margin 73.6% → 53.2%). Calculated

  • ↓

    Net result weakened

    Net result +198.4k NOK → +122.7k NOK (net margin 52.4% → 33.1%). Calculated

  • ↓

    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

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 835.0k NOK. Reported fact