A HEIMHOLT AS: årsregnskap 2006 vs 2005
Slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A HEIMHOLT AS. Revenue 13.28m NOK → 13.43m NOK (+1.2%). Net result +69.8k NOK → -187.6k NOK. Equity 166.2k NOK → -21.5k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A HEIMHOLT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 13.28m NOK to 13.43m NOK (+1.2% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 69.8k NOK profit to a loss of 187.6k NOK. Calculated
-
↓
Equity eroded
Book equity 166.2k NOK → -21.5k NOK (equity ratio 8.8% → -1.6%). Calculated
-
↓
Cash fell
Bank deposits 6.19m NOK → 294.5k NOK (-95.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.19m NOK → 294.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 8.90m NOK → 8.70m NOK (-2.2% YoY). Calculated