ADVANCE BUSINESS PARTNER AS: årsregnskap 2007 vs 2006
Shrank 88% on revenue
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVANCE BUSINESS PARTNER AS. Revenue 8.12m NOK → 947.8k NOK (-88.3%). Equity 743.4k NOK → 773.1k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 743.4k NOK → 773.1k NOK (equity ratio 38.2% → 37.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.63× → 1.54×. Calculated
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↑
Payroll decreased
Salary cost 739.7k NOK → 212.5k NOK (9% → 22% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.12m NOK to 947.8k NOK (-88.3% YoY). Calculated
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↓
Cash fell
Bank deposits 752.6k NOK → 644.5k NOK (-14.4% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 6.68m NOK → 7.32m NOK (+9.5% YoY). Calculated