A JØRGENSEN AS: årsregnskap 2006 vs 2005
Shrank 9% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A JØRGENSEN AS. Revenue 668.2k NOK → 609.6k NOK (-8.8%). Equity 431.3k NOK → 132.6k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.50× → 2.80×. Calculated
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↑
Payroll decreased
Salary cost 407.8k NOK → 370.7k NOK (61% → 61% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 668.2k NOK to 609.6k NOK (-8.8% YoY). Calculated
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↓
Equity eroded
Book equity 431.3k NOK → 132.6k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation