ADCOMMITTO AS: årsregnskap 2007 vs 2006
Shrank 87% on revenue, returned to profit
approved 2008-06-30; registry 2008-08-13
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADCOMMITTO AS. Revenue 120.6k NOK → 15.6k NOK (-87.1%). Net result -13.9k NOK → +15.9k NOK. Equity -49.9k NOK → -34.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADCOMMITTO AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -12.5k NOK → +17.3k NOK (op. margin -10.4% → 111.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 13.9k NOK to a profit of 15.9k NOK. Calculated
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↑
Equity strengthened
Book equity -49.9k NOK → -34.0k NOK (equity ratio -365.3% → -100129.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 120.6k NOK to 15.6k NOK (-87.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -100129.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation