24 FRAMES PER SECOND AS: årsregnskap 2006 vs 2005
Grew 14516% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for 24 FRAMES PER SECOND AS. Revenue 5 684 NOK → 830.7k NOK (+14515.5%). Net result +215.3k NOK → +154.2k NOK. Equity 474.5k NOK → 163.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5 684 NOK to 830.7k NOK (+14515.5% YoY). Calculated
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↑
Cash rose
Bank deposits 22.2k NOK → 160.4k NOK (+624.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +306.3k NOK → +201.6k NOK (op. margin 5389.0% → 24.3%). Calculated
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↓
Net result weakened
Net result +215.3k NOK → +154.2k NOK (net margin 3787.8% → 18.6%). Calculated
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↓
Equity eroded
Book equity 474.5k NOK → 163.7k NOK (equity ratio 60.4% → 19.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 325 NOK → 198.9k NOK. Reported fact