A HELGELAND BETONG AS: årsregnskap 2006 vs 2005
Grew 29% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A HELGELAND BETONG AS. Revenue 6.26m NOK → 8.10m NOK (+29.4%). Equity 414.2k NOK → 299.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
Revenue
6.26m NOK
8.10m NOK
+29.4%
Net result
+40.1k NOK
n/m
—
Equity
414.2k NOK
299.3k NOK
-27.7%
Total assets
3.35m NOK
3.78m NOK
+13.0%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.26m NOK to 8.10m NOK (+29.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 414.2k NOK → 299.3k NOK (equity ratio 12.4% → 7.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 5.94m NOK → 6.70m NOK (95% → 83% of revenue). Calculated