NORDIC MINING ASA: årsregnskap 2007 vs 2006
Shrank 99% on revenue, fresh owner capital
approved 2008-06-19; registry 2008-08-30
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for NORDIC MINING ASA. Revenue 7.50m NOK → 59.0k NOK (-99.2%).
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
7.50m NOK
59.0k NOK
-99.2%
Operating result
n/m
-29.22m NOK
—
Net result
+5 805 NOK
n/m
—
Equity
19.2k NOK
n/m
—
Cash
10.16m NOK
23.46m NOK
+130.9%
Total assets
103.8k NOK
50.72m NOK
+48771.2%
What improved
-
↑
Cash rose
Bank deposits 10.16m NOK → 23.46m NOK (+130.9% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 24.97m NOK → 85.26m NOK (+60.29m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.50m NOK to 59.0k NOK (-99.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 32.0k NOK → 3.16m NOK (0% → 5363% of revenue). Calculated