AEA INVESTORS AS: årsregnskap 2007 vs 2006
Mixed movements in the accounts
approved 2008-05-26; registry 2008-05-29
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AEA INVESTORS AS. Revenue 728.1k NOK → 736.8k NOK (+1.2%). Equity 618.3k NOK → 327.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AEA INVESTORS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 728.1k NOK to 736.8k NOK (+1.2% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 618.3k NOK → 327.3k NOK (equity ratio 19322.5% → 8.6%). Calculated
-
↓
Cash fell
Bank deposits 111.2k NOK → 103.1k NOK (-7.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 73.02× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 345.6k NOK → 256.9k NOK (-25.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2 600 NOK → 2.71m NOK. Reported fact