ACASO INVEST AS: årsregnskap 2007 vs 2006
Shrank 96% on revenue, stronger earnings
approved 2008-10-28; registry 2008-11-06
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACASO INVEST AS. Revenue 2.41m NOK → 100.4k NOK (-95.8%). Net result -1.28m NOK → -464.9k NOK. Equity -1.96m NOK → -2.43m NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACASO INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -1.28m NOK → -464.9k NOK (net margin -53.0% → -463.2%). Calculated
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↑
Payroll decreased
Salary cost 431.2k NOK → 137.5k NOK (18% → 137% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.41m NOK to 100.4k NOK (-95.8% YoY). Calculated
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↓
Equity eroded
Book equity -1.96m NOK → -2.43m NOK (equity ratio -935.4% → -3547.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3547.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.14m NOK → 118.8k NOK (-94.4% YoY). Calculated