FirmaIQ
Org.nr 979 473 176 2006 → 2007 Year-over-year analysis

ACCOUNTRA SOFTWARE AS: årsregnskap 2007 vs 2006

Shrank 38% on revenue, slipped into loss

approved 2008-06-30; registry 2008-07-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ACCOUNTRA SOFTWARE AS. Revenue 611.5k NOK → 377.7k NOK (-38.2%). Net result +255.3k NOK → -239.9k NOK. Equity 272.4k NOK → 32.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTRA SOFTWARE AS.

At a glance

Scorecard

Revenue
611.5k NOK 377.7k NOK
-38.2%
Operating result
+341.1k NOK -240.6k NOK
-170.6%
Net result
+255.3k NOK -239.9k NOK
-194.0%
Equity
272.4k NOK 32.5k NOK
-88.1%
Total assets
743.2k NOK 497.1k NOK
-33.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 611.5k NOK to 377.7k NOK (-38.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +341.1k NOK → -240.6k NOK (op. margin 55.8% → -63.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 255.3k NOK profit to a loss of 239.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 272.4k NOK → 32.5k NOK (equity ratio 36.7% → 6.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.32× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation