A ENG AS: årsregnskap 2006 vs 2005
Shrank 54% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A ENG AS. Revenue 4.80m NOK → 2.23m NOK (-53.6%). Equity 3.45m NOK → 2.85m NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.80m NOK
2.23m NOK
-53.6%
Operating result
+550.8k NOK
+1.09m NOK
+98.4%
Equity
3.45m NOK
2.85m NOK
-17.6%
Total assets
5.62m NOK
4.85m NOK
-13.7%
What improved
-
↑
Operating result improved
Operating result +550.8k NOK → +1.09m NOK (op. margin 11.5% → 49.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.80m NOK to 2.23m NOK (-53.6% YoY). Calculated
-
↓
Equity eroded
Book equity 3.45m NOK → 2.85m NOK (equity ratio 61.5% → 58.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 466.9k NOK → 487.3k NOK (10% → 22% of revenue). Calculated