929 PRODUKSJON AS: årsregnskap 2006 vs 2005
Grew 24% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for 929 PRODUKSJON AS. Revenue 1.44m NOK → 1.80m NOK (+24.4%). Net result +229.7k NOK → +280.8k NOK. Equity 280.3k NOK → 561.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.44m NOK to 1.80m NOK (+24.4% YoY). Calculated
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Operating result improved
Operating result +266.1k NOK → +390.4k NOK (op. margin 18.4% → 21.7%). Calculated
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Net result improved
Net result +229.7k NOK → +280.8k NOK (net margin 15.9% → 15.6%). Calculated
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Equity strengthened
Book equity 280.3k NOK → 561.1k NOK (equity ratio 66.9% → 102.8%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.74× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 617.0k NOK → 729.8k NOK (43% → 41% of revenue). Calculated