79 DEGREES SOUTH AS: årsregnskap 2006 vs 2005
Grew 815% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for 79 DEGREES SOUTH AS. Revenue 295.2k NOK → 2.70m NOK (+815.2%). Net result +130.6k NOK → -22.2k NOK. Equity 250.5k NOK → 228.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 295.2k NOK to 2.70m NOK (+815.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +187.8k NOK → -14.2k NOK (op. margin 63.6% → -0.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 130.6k NOK profit to a loss of 22.2k NOK. Calculated
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↓
Equity eroded
Book equity 250.5k NOK → 228.3k NOK (equity ratio 31.0% → 30.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.34m NOK → 1.50m NOK (453% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 35.4k NOK → 474.7k NOK (+1239.5% YoY). Calculated