A&B ELEKTRO INSTALLASJON AS: årsregnskap 2006 vs 2005
Shrank 10% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A&B ELEKTRO INSTALLASJON AS. Revenue 879.1k NOK → 793.2k NOK (-9.8%). Net result +63.6k NOK → +17.0k NOK. Equity 258.6k NOK → 275.6k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 258.6k NOK → 275.6k NOK (equity ratio 37.1% → 45.9%). Calculated
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↑
Payroll decreased
Salary cost 474.3k NOK → 351.9k NOK (54% → 44% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 879.1k NOK to 793.2k NOK (-9.8% YoY). Calculated
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↓
Operating result weakened
Operating result +166.1k NOK → -82.6k NOK (op. margin 18.9% → -10.4%). Calculated
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↓
Net result weakened
Net result +63.6k NOK → +17.0k NOK (net margin 7.2% → 2.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 355.2k NOK → 278.2k NOK (-21.7% YoY). Calculated