AKER UTVIKLING AS: årsregnskap 2007 vs 2006
Shrank 71% on revenue
approved 2008-08-27; registry 2008-09-16
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKER UTVIKLING AS. Revenue 3.58m NOK → 1.04m NOK (-71.0%). Equity 1.78m NOK → 1.71m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKER UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.05m NOK → 1 048 NOK (29% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.58m NOK to 1.04m NOK (-71.0% YoY). Calculated
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↓
Operating result weakened
Operating result +294.3k NOK → -94.3k NOK (op. margin 8.2% → -9.1%). Calculated
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↓
Equity eroded
Book equity 1.78m NOK → 1.71m NOK (equity ratio 33.7% → 1.8%). Calculated
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↓
Cash fell
Bank deposits 2.05m NOK → 1.94m NOK (-5.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.42× → 0.02× — 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 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 3.94m NOK → 810.4k NOK (-79.4% YoY). Calculated