AKADEMIET FREDRIKSTAD AS: årsregnskap 2007 vs 2006
Grew 504% on revenue, slipped into loss
approved 2008-06-25; registry 2008-07-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKADEMIET FREDRIKSTAD AS. Revenue 844.7k NOK → 5.11m NOK (+504.5%). Net result +337.6k NOK → -657.7k NOK. Equity -216.1k NOK → -873.8k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKADEMIET FREDRIKSTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 844.7k NOK to 5.11m NOK (+504.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.47× → 1.03×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +331.9k NOK → -652.2k NOK (op. margin 39.3% → -12.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 337.6k NOK profit to a loss of 657.7k NOK. Calculated
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↓
Equity eroded
Book equity -216.1k NOK → -873.8k NOK (equity ratio -52.5% → -124.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -124.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.61m NOK → 2.98m NOK (190% → 58% of revenue). Calculated