A B MATTESERVICE AS: årsregnskap 2006 vs 2005
Shrank 17% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A B MATTESERVICE AS. Revenue 9.43m NOK → 7.82m NOK (-17.1%). Equity -129.9k NOK → 1 553 NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A B MATTESERVICE AS.
At a glance
Scorecard
Revenue
9.43m NOK
7.82m NOK
-17.1%
Equity
-129.9k NOK
1 553 NOK
+101.2%
Total assets
3.00m NOK
2.49m NOK
-17.0%
What improved
-
↑
Equity strengthened
Book equity -129.9k NOK → 1 553 NOK (equity ratio -4.3% → 0.1%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.88× → 1.06×. Calculated
-
↑
Payroll decreased
Salary cost 7.77m NOK → 5.44m NOK (82% → 70% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.43m NOK to 7.82m NOK (-17.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 628.2k NOK → 1 158 NOK (-99.8% YoY). Calculated