AKERSGATA 18 AS: årsregnskap 2007 vs 2006
Grew 6% on revenue
approved 2008-04-23; registry 2008-07-21
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKERSGATA 18 AS. Revenue 14.59m NOK → 15.46m NOK (+6.0%). Equity -42.99m NOK → -49.03m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for AKERSGATA 18 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.59m NOK to 15.46m NOK (+6.0% YoY). Calculated
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↑
Operating result improved
Operating result +6.61m NOK → +7.17m NOK (op. margin 45.3% → 46.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -42.99m NOK → -49.03m NOK (equity ratio -24.7% → -27.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 53.32× → 0.65× — 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 -27.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 7.83m NOK → 7.87m NOK (54% → 51% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 3 500 NOK. Reported fact