Org.nr 985 426 732 2006 → 2007 Year-over-year analysis

ADRIEN MANN AGENTURER AS: årsregnskap 2007 vs 2006

Grew 33% on revenue, cash halved-plus

approved 2008-06-28; registry 2008-09-08

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ADRIEN MANN AGENTURER AS. Revenue 8.08m NOK → 10.76m NOK (+33.2%). Equity 285.2k NOK → 200.9k NOK.

On the constructive side: revenue rose; current ratio back above 1×; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADRIEN MANN AGENTURER AS.

At a glance

Revenue

8.08m NOK 10.76m NOK

+33.2%

Operating result

n/m +56.2k NOK

—

Equity

285.2k NOK 200.9k NOK

-29.5%

Cash

158.9k NOK 31.6k NOK

-80.1%

Total assets

2.70m NOK 3.00m NOK

+10.9%

↑
Revenue rose

Operating income / revenue moved from 8.08m NOK to 10.76m NOK (+33.2% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 1.08×. Calculated
↑
Payroll decreased

Salary cost 2.43m NOK → 9 NOK (30% → 0% of revenue). Calculated

↓
Equity eroded

Book equity 285.2k NOK → 200.9k NOK (equity ratio 10.6% → 6.7%). Calculated
↓
Cash fell

Bank deposits 158.9k NOK → 31.6k NOK (-80.1% YoY). Calculated

·
Thin equity buffer

Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 910.2k NOK → 2.46m NOK (+170.6% YoY). Calculated