ADVANCED THINKERS ENGINEERING AS: årsregnskap 2007 vs 2006
Shrank 5% on revenue, cash halved-plus, fresh owner capital
approved 2008-05-04; registry 2008-08-16
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for ADVANCED THINKERS ENGINEERING AS. Revenue 200.9k NOK → 190.0k NOK (-5.4%). Equity 9.16m NOK → 8.38m NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 350 NOK → 383.5k NOK (+383.2k NOK). Reported fact
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↑
Payroll decreased
Salary cost 31.4k NOK → 4 656 NOK (16% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 200.9k NOK to 190.0k NOK (-5.4% YoY). Calculated
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↓
Equity eroded
Book equity 9.16m NOK → 8.38m NOK (equity ratio 4374.0% → 2041.5%). Calculated
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↓
Cash fell
Bank deposits 178.5k NOK → 79.7k NOK (-55.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad -38.6k NOK → 76.1k NOK (+296.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 2 102 NOK. Reported fact