ABSOLUT EIENDOM AS: årsregnskap 2007 vs 2006
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABSOLUT EIENDOM AS. Revenue 0 NOK → 52.8k NOK. Net result +230.3k NOK → +167.4k NOK. Equity 66.4k NOK → -101.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABSOLUT EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 52.8k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -30.3k NOK → -153.8k NOK. Calculated
-
↓
Net result weakened
Net result +230.3k NOK → +167.4k NOK. Calculated
-
↓
Equity eroded
Book equity 66.4k NOK → -101.0k NOK (equity ratio 95.2% → -18.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.44× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 2.17m NOK. Calculated