ACCELERA AS: årsregnskap 2007 vs 2006
Shrank 68% on revenue, weaker earnings
approved 2008-06-30; registry 2008-07-08
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACCELERA AS. Revenue 784.0k NOK → 250.0k NOK (-68.1%). Net result -293.6k NOK → -484.2k NOK. Equity 116.7k NOK → -367.6k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCELERA AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 81.2k NOK → 15.1k NOK (10% → 6% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 784.0k NOK to 250.0k NOK (-68.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +598.6k NOK → +29.1k NOK (op. margin 76.4% → 11.6%). Calculated
-
↓
Net result weakened
Net result -293.6k NOK → -484.2k NOK (net margin -37.5% → -193.7%). Calculated
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↓
Equity eroded
Book equity 116.7k NOK → -367.6k NOK (equity ratio 16.0% → -63.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.61× — 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 -63.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation