ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2007 vs 2006
Shrank 71% on revenue, slipped into loss, cash halved-plus
approved 2008-06-24; registry 2008-08-14
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACCENDO PRODUKTUTVIKLING AS. Revenue 1.27m NOK → 370.2k NOK (-70.8%). Net result +34.8k NOK → -30.4k NOK. Equity 320.8k NOK → 290.4k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACCENDO PRODUKTUTVIKLING AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.27m NOK to 370.2k NOK (-70.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +69.2k NOK → -31.3k NOK (op. margin 5.5% → -8.4%). Calculated
-
↓
Fell into a net loss
Net result flipped from 34.8k NOK profit to a loss of 30.4k NOK. Calculated
-
↓
Equity eroded
Book equity 320.8k NOK → 290.4k NOK (equity ratio 77.7% → 58.4%). Calculated
-
↓
Cash fell
Bank deposits 35.1k NOK → 3 525 NOK (-90.0% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 218.6k NOK → 124.7k NOK (-42.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 1 194 NOK. Reported fact