A HELLAND TRANSPORT AS: årsregnskap 2006 vs 2005
Grew 41% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A HELLAND TRANSPORT AS. Revenue 4.29m NOK → 6.04m NOK (+40.8%). Equity 31.8k NOK → -169.9k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A HELLAND TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.29m NOK to 6.04m NOK (+40.8% YoY). Calculated
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↑
Operating result improved
Operating result +84.4k NOK → +186.8k NOK (op. margin 2.0% → 3.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.46× → 1.07×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 31.8k NOK → -169.9k NOK (equity ratio 0.5% → -2.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 940.9k NOK → 1.43m NOK (22% → 24% of revenue). Calculated