A C BERGERSEN & SØNNER AS: årsregnskap 2006 vs 2005
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A C BERGERSEN & SØNNER AS. Revenue 2.39m NOK → 2.49m NOK (+4.2%). Net result +423.2k NOK → +433.9k NOK. Equity 701.9k NOK → 135.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A C BERGERSEN & SØNNER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.39m NOK to 2.49m NOK (+4.2% YoY). Calculated
-
↑
Operating result improved
Operating result +640.2k NOK → +756.6k NOK (op. margin 26.8% → 30.4%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 701.9k NOK → 135.8k NOK (equity ratio 26.1% → 1.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation