Org.nr 983 765 378 2006 → 2007 Year-over-year analysis

AICON AS: årsregnskap 2007 vs 2006

Shrank 9% on revenue

approved 2008-08-28; registry 2008-09-02

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2007 with 2006 for AICON AS. Revenue 2.21m NOK → 2.02m NOK (-8.7%). Equity -144.3k NOK → -156.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AICON AS.

Scorecard

Revenue
2.21m NOK 2.02m NOK
-8.7%
Net result
-416.6k NOK n/m
—
Equity
-144.3k NOK -156.8k NOK
-8.7%
Cash
n/m 30.6k NOK
—
Total assets
883.33m NOK 69.5k NOK
-100.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.03m NOK → 2 007 NOK (46% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.21m NOK to 2.02m NOK (-8.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -144.3k NOK → -156.8k NOK (equity ratio -0.0% → -225.8%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 245.5k NOK → 942.0k NOK (+283.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -225.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation