OSLO BØRS ASA: årsregnskap 2007 vs 2006
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for OSLO BØRS ASA. Revenue 432.09m NOK → 537.4k NOK (-99.9%). Net result +11215.92bn NOK → +11.26bn NOK. Equity 155.6k NOK → 230.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for OSLO BØRS ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 155.6k NOK → 230.6k NOK (equity ratio 30.0% → 0.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 432.09m NOK to 537.4k NOK (-99.9% YoY). Calculated
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↓
Operating result weakened
Operating result +451.16m NOK → +331.35m NOK (op. margin 104.4% → 61655.5%). Calculated
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↓
Net result weakened
Net result +11215.92bn NOK → +11.26bn NOK (net margin 2595717.4% → 2095424.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.15× — 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 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 137.3k NOK → 18.6k NOK. Reported fact