AGRAF AS: årsregnskap 2007 vs 2006
Shrank 55% on revenue
approved 2008-06-13; registry 2008-09-06
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AGRAF AS. Revenue 3.69m NOK → 1.66m NOK (-54.9%). Net result +11 NOK → +13 NOK. Equity 560.1k NOK → 153.6k NOK.
Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRAF AS.
At a glance
Scorecard
Revenue
3.69m NOK
1.66m NOK
-54.9%
Operating result
+1.08m NOK
n/m
—
Net result
+11 NOK
+13 NOK
+18.2%
Equity
560.1k NOK
153.6k NOK
-72.6%
Cash
n/m
1.54m NOK
—
Total assets
5.59m NOK
2.91m NOK
-48.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.69m NOK to 1.66m NOK (-54.9% YoY). Calculated
-
↓
Equity eroded
Book equity 560.1k NOK → 153.6k NOK (equity ratio 10.0% → 5.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 1.30m NOK → 745.3k NOK (-42.7% YoY). Calculated