ABYSSUS MARINE SERVICES AS: årsregnskap 2007 vs 2006
Shrank 24% on revenue
approved 2008-06-30; registry 2008-09-09
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ABYSSUS MARINE SERVICES AS. Revenue 6.78m NOK → 5.14m NOK (-24.2%). Net result +732.7k NOK → +744.6k NOK. Equity 158.1k NOK → 262.8k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 158.1k NOK → 262.8k NOK (equity ratio 10.0% → 11.0%). Calculated
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↑
Payroll decreased
Salary cost 870.3k NOK → 5 NOK (13% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.78m NOK to 5.14m NOK (-24.2% YoY). Calculated
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↓
Operating result weakened
Operating result +947.2k NOK → +65.6k NOK (op. margin 14.0% → 1.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.27× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.69m NOK → 1.11m NOK (-69.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 527.8k NOK → 810.6k NOK. Reported fact