ACCESS! AS: årsregnskap 2007 vs 2006
Grew 45% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ACCESS! AS. Revenue 475.1k NOK → 690.9k NOK (+45.4%). Net result +95.5k NOK → +896.2k NOK. Equity 705.3k NOK → 1.60m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESS! AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 475.1k NOK to 690.9k NOK (+45.4% YoY). Calculated
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Operating result improved
Operating result -156.1k NOK → +846.2k NOK (op. margin -32.9% → 122.5%). Calculated
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Net result improved
Net result +95.5k NOK → +896.2k NOK (net margin 20.1% → 129.7%). Calculated
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Equity strengthened
Book equity 705.3k NOK → 1.60m NOK. Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.83× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1.14m NOK → 2.09m NOK. Reported fact