FirmaIQ
Org.nr 976 850 327 2005 → 2006 Year-over-year analysis

A.J. DESIGN AS: årsregnskap 2006 vs 2005

Shrank 30% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for A.J. DESIGN AS. Revenue 3.15m NOK → 2.20m NOK (-30.1%). Net result +2199.89bn NOK → +2 006 NOK. Equity 669.0k NOK → 152.3k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.J. DESIGN AS.

At a glance

Scorecard

Revenue
3.15m NOK 2.20m NOK
-30.1%
Operating result
n/m +746.8k NOK
—
Net result
+2199.89bn NOK +2 006 NOK
-100.0%
Equity
669.0k NOK 152.3k NOK
-77.2%
Total assets
820.2k NOK 4.43m NOK
+440.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 1.16×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.15m NOK to 2.20m NOK (-30.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2199.89bn NOK → +2 006 NOK (net margin 69920381.5% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 669.0k NOK → 152.3k NOK (equity ratio 81.6% → 3.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.74m NOK → 1.86m NOK (55% → 85% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation