ABILD AS: årsregnskap 2007 vs 2006
Shrank 80% on revenue, returned to profit
approved 2008-06-15; registry 2008-07-21
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABILD AS. Revenue 672.1k NOK → 135.7k NOK (-79.8%). Net result -31.0k NOK → +9 836 NOK. Equity 1.96m NOK → 11.79m NOK.
On the constructive side: turned profitable; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABILD AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 31.0k NOK to a profit of 9 836 NOK. Calculated
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↑
Equity strengthened
Book equity 1.96m NOK → 11.79m NOK (equity ratio 15.2% → 67.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.65× → 22.16×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 672.1k NOK to 135.7k NOK (-79.8% YoY). Calculated
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↓
Operating result weakened
Operating result +180.8k NOK → +16.8k NOK (op. margin 26.9% → 12.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 814 NOK → 7 521 NOK (0% → 6% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 220.7k NOK → 304.7k NOK (+38.0% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5.36m NOK → 13.3k NOK. Reported fact