ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2007 vs 2006
Shrank 56% on revenue
approved 2008-06-26; registry 2008-08-26
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADD ON FITNESS INTERNATIONAL AS. Revenue 290.6k NOK → 127.9k NOK (-56.0%). Equity 1.25m NOK → 1.26m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADD ON FITNESS INTERNATIONAL AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.25m NOK → 1.26m NOK (equity ratio 97.5% → 95.3%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 290.6k NOK to 127.9k NOK (-56.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +95.6k NOK → +11.4k NOK (op. margin 32.9% → 8.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.91× → 0.97× — 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 1.19m NOK → 1.24m NOK. Reported fact