FirmaIQ
Org.nr 977 037 093 2006 → 2007 Year-over-year analysis

TECHSTEP ASA: årsregnskap 2007 vs 2006

Shrank 8% on revenue

approved 2008-03-26; registry 2008-09-16

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for TECHSTEP ASA. Revenue 36.36m NOK → 33.29m NOK (-8.5%). Net result -37.01m NOK → -38.94m NOK. Equity 195.89m NOK → 429.8k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; 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
36.36m NOK 33.29m NOK
-8.5%
Net result
-37.01m NOK -38.94m NOK
-5.2%
Equity
195.89m NOK 429.8k NOK
-99.8%
Cash
47.29m NOK 92.95m NOK
+96.5%
Total assets
243.90m NOK 533.7k NOK
-99.8%

What improved

  • ↑

    Cash rose

    Bank deposits 47.29m NOK → 92.95m NOK (+96.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 36.36m NOK to 33.29m NOK (-8.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result -37.01m NOK → -38.94m NOK (net margin -101.8% → -117.0%). Calculated

  • ↓

    Equity eroded

    Book equity 195.89m NOK → 429.8k NOK (equity ratio 80.3% → 80.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 195.89m NOK → 338.2k NOK — check capital reduction, conversion, or reclassification. Interpretation