Org.nr 913 550 749 2005 → 2006 Year-over-year analysis

4CASTGROUP AS: årsregnskap 2006 vs 2005

Grew 23% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for 4CASTGROUP AS. Revenue 14.82m NOK → 18.25m NOK (+23.1%). Equity 901.3k NOK → 758.5k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4CASTGROUP AS.

At a glance

Revenue

14.82m NOK 18.25m NOK

+23.1%

Operating result

+413.9k NOK +4.33m NOK

+946.1%

Equity

901.3k NOK 758.5k NOK

-15.8%

Total assets

9.01m NOK 12.96m NOK

+43.9%

↑
Revenue rose

Operating income / revenue moved from 14.82m NOK to 18.25m NOK (+23.1% YoY). Calculated
↑
Operating result improved

Operating result +413.9k NOK → +4.33m NOK (op. margin 2.8% → 23.7%). Calculated

↓
Equity eroded

Book equity 901.3k NOK → 758.5k NOK (equity ratio 10.0% → 5.9%). Calculated

·
Thin equity buffer

Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 7.24m NOK → 8.33m NOK (49% → 46% of revenue). Calculated
·
COGS moved

COGS / varekostnad 2.13m NOK → 2.80m NOK (+31.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 284.2k NOK → 249.8k NOK. Reported fact