OTELLO CORPORATION ASA: årsregnskap 2007 vs 2006
Shrank 100% on revenue
approved 2008-06-20; registry 2008-09-09
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for OTELLO CORPORATION ASA. Revenue 213.78m NOK → 315.5k NOK (-99.9%). Equity 499.6k NOK → 530.5k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for OTELLO CORPORATION ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 499.6k NOK → 530.5k NOK (equity ratio 87.1% → 84.3%). Calculated
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↑
Cash rose
Bank deposits 419.3k NOK → 454.2k NOK (+8.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 459.6k NOK → 481.3k NOK (+21.7k NOK). Reported fact
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↑
Payroll decreased
Salary cost 4162.51bn NOK → 3.15m NOK (1947061% → 998% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 213.78m NOK to 315.5k NOK (-99.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.64m NOK → 2.14m NOK (-53.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.7k NOK → 50.0k NOK. Reported fact