VOIM ASA: årsregnskap 2007 vs 2006
Slipped into loss, cash halved-plus, fresh owner capital
approved 2008-06-05
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for VOIM ASA. Revenue 752.7k NOK → 757.0k NOK (+0.6%). Net result +43.2k NOK → -30.93m NOK. Equity 128.9k NOK → 591.4k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: fell into a net loss; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for VOIM ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 752.7k NOK to 757.0k NOK (+0.6% YoY). Calculated
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↑
Equity strengthened
Book equity 128.9k NOK → 591.4k NOK (equity ratio 22.0% → 63.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 78.8k NOK → 852.6k NOK (+773.8k NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 43.2k NOK profit to a loss of 30.93m NOK. Calculated
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↓
Cash fell
Bank deposits 120.30m NOK → 186.1k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (120.30m NOK → 186.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 5.10m NOK → 6.19m NOK (678% → 818% of revenue). Calculated
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COGS fell
COGS / varekostnad 4509342000.39bn NOK → 3 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 272 NOK → 87.49m NOK. Reported fact