ABORDA STILLAS AS: årsregnskap 2007 vs 2006
Grew 30% on revenue, slipped into loss
approved 2008-09-24; registry 2008-09-27
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABORDA STILLAS AS. Revenue 5.35m NOK → 6.94m NOK (+29.7%). Net result +1.14m NOK → -376.3k NOK. Equity 344.8k NOK → 1.34m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABORDA STILLAS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.35m NOK to 6.94m NOK (+29.7% YoY). Calculated
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↑
Operating result improved
Operating result +586 NOK → +74.4k NOK (op. margin 0.0% → 1.1%). Calculated
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↑
Equity strengthened
Book equity 344.8k NOK → 1.34m NOK (equity ratio 5.5% → 23.2%). Calculated
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↑
Cash rose
Bank deposits 261 NOK → 19.2k NOK (+7273.6% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 1.14m NOK profit to a loss of 376.3k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.11× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 118.0k NOK → 69.9k NOK (-40.8% YoY). Calculated