FirmaIQ
Org.nr 959 033 560 2006 → 2007 Year-over-year analysis

ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2007 vs 2006

Shrank 12% on revenue

approved 2008-05-08; registry 2008-06-26

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 33.50m NOK → 29.43m NOK (-12.1%). Equity 120.03m NOK → 221.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.

At a glance

Scorecard

Revenue
33.50m NOK 29.43m NOK
-12.1%
Equity
120.03m NOK 221.7k NOK
-99.8%
Cash
55.32m NOK 147.53m NOK
+166.7%
Total assets
133.56m NOK 232.9k NOK
-99.8%

What improved

  • ↑

    Cash rose

    Bank deposits 55.32m NOK → 147.53m NOK (+166.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 28.45m NOK → 22.74m NOK (85% → 77% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.50m NOK to 29.43m NOK (-12.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 120.03m NOK → 221.7k NOK (equity ratio 89.9% → 95.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 107.54m NOK → 221.7k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.35m NOK → 1.16m NOK (-14.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.58m NOK → 27.12m NOK. Reported fact