AGG INVEST AS: årsregnskap 2007 vs 2006
Shrank 5% on revenue
approved 2008-06-30; registry 2008-10-07
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AGG INVEST AS. Revenue 1.64m NOK → 1.55m NOK (-5.2%). Net result -187.6k NOK → -180.2k NOK. Equity 49.9k NOK → -130.4k NOK.
Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.64m NOK to 1.55m NOK (-5.2% YoY). Calculated
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↓
Equity eroded
Book equity 49.9k NOK → -130.4k NOK (equity ratio 2.4% → -6.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 401.4k NOK → 463.8k NOK (25% → 30% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 651.4k NOK → 642.6k NOK (-1.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 240.0k NOK → 120.0k NOK. Reported fact