Org.nr 985 827 060 2005 → 2006 Year-over-year analysis

A.K. DRIFT AS: årsregnskap 2006 vs 2005

Shrank 18% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for A.K. DRIFT AS. Revenue 9.90m NOK → 8.13m NOK (-18.0%). Equity 179.7k NOK → -57.2k NOK.

Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.K. DRIFT AS.

At a glance

Revenue

9.90m NOK 8.13m NOK

-18.0%

Operating result

n/m -183.3k NOK

—

Net result

n/m -236.8k NOK

—

Equity

179.7k NOK -57.2k NOK

-131.8%

Total assets

2.19m NOK 3.17m NOK

+44.6%

↓
Revenue fell

Operating income / revenue moved from 9.90m NOK to 8.13m NOK (-18.0% YoY). Calculated
↓
Equity eroded

Book equity 179.7k NOK → -57.2k NOK (equity ratio 8.2% → -1.8%). Calculated
↓
Payroll up without matching revenue

Salary cost 617.2k NOK → 631.0k NOK (6% → 8% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 8.19m NOK → 6.75m NOK (-17.6% YoY). Calculated