A C SMITH EIENDOM AS: årsregnskap 2006 vs 2005
Shrank 92% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A C SMITH EIENDOM AS. Revenue 384.9k NOK → 30.0k NOK (-92.2%). Equity 891.7k NOK → 409.7k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A C SMITH EIENDOM AS.
At a glance
Scorecard
Revenue
384.9k NOK
30.0k NOK
-92.2%
Operating result
+246.2k NOK
+885.8k NOK
+259.8%
Equity
891.7k NOK
409.7k NOK
-54.0%
Total assets
8.03m NOK
8.00m NOK
-0.3%
What improved
-
↑
Operating result improved
Operating result +246.2k NOK → +885.8k NOK (op. margin 64.0% → 2952.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 384.9k NOK to 30.0k NOK (-92.2% YoY). Calculated
-
↓
Equity eroded
Book equity 891.7k NOK → 409.7k NOK (equity ratio 11.1% → 5.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation