AKERSHUS REKLAME TEAM AS: årsregnskap 2007 vs 2006
Shrank 8% on revenue
approved 2008-06-27; registry 2008-07-15
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKERSHUS REKLAME TEAM AS. Revenue 17.17m NOK → 15.85m NOK (-7.7%). Equity 659.8k NOK → 517.9k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.91× → 1.06×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.17m NOK to 15.85m NOK (-7.7% YoY). Calculated
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↓
Operating result weakened
Operating result +342.2k NOK → +15.8k NOK (op. margin 2.0% → 0.1%). Calculated
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↓
Equity eroded
Book equity 659.8k NOK → 517.9k NOK (equity ratio 17.7% → 8.5%). Calculated
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↓
COGS moved
COGS / varekostnad 2.77m NOK → 6.14m NOK (+121.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 50.0k NOK. Reported fact