ABK MACHINES AS: årsregnskap 2007 vs 2006
Shrank 72% on revenue, weaker earnings
approved 2008-08-27; registry 2008-09-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABK MACHINES AS. Revenue 928.7k NOK → 262.8k NOK (-71.7%). Net result -33.7k NOK → -188.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 928.7k NOK to 262.8k NOK (-71.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -33.1k NOK → -156.2k NOK (op. margin -3.6% → -59.4%). Calculated
-
↓
Net result weakened
Net result -33.7k NOK → -188.9k NOK (net margin -3.6% → -71.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 006 NOK → 588.5k NOK (0% → 224% of revenue). Calculated