TECHSTEP ASA: årsregnskap 2006 vs 2005
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for TECHSTEP ASA. Equity 222.25m NOK → 195.89m NOK.
Pressures included: equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for TECHSTEP ASA.
At a glance
Scorecard
Revenue
n/m
36.36m NOK
—
Net result
n/m
-37.01m NOK
—
Equity
222.25m NOK
195.89m NOK
-11.9%
Cash
n/m
47.29m NOK
—
Total assets
245.58m NOK
243.90m NOK
-0.7%
What deteriorated
-
↓
Equity eroded
Book equity 222.25m NOK → 195.89m NOK (equity ratio 90.5% → 80.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 222.25m NOK → 195.89m NOK — check capital reduction, conversion, or reclassification. Interpretation