ACAO AS: årsregnskap 2007 vs 2006
Grew 113562% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACAO AS. Revenue 2 100 NOK → 2.39m NOK (+113562.5%). Net result +168.1k NOK → +40.4k NOK. Equity 277.2k NOK → 317.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACAO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 100 NOK to 2.39m NOK (+113562.5% YoY). Calculated
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↑
Equity strengthened
Book equity 277.2k NOK → 317.5k NOK (equity ratio 21159.2% → 19.9%). Calculated
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↑
Cash rose
Bank deposits 99.1k NOK → 257.6k NOK (+159.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +266.6k NOK → +96.6k NOK (op. margin 12696.2% → 4.0%). Calculated
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↓
Net result weakened
Net result +168.1k NOK → +40.4k NOK (net margin 8006.7% → 1.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.47× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 43.3k NOK → 6.16m NOK (2061% → 258% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 512 NOK → 890.5k NOK (+58793.2% YoY). Calculated