A K GRANHEIM AS: årsregnskap 2006 vs 2005
Shrank 10% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A K GRANHEIM AS. Revenue 1.55m NOK → 1.41m NOK (-9.5%). Net result +245.6k NOK → +106.6k NOK. Equity 746.6k NOK → 853.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 746.6k NOK → 853.1k NOK (equity ratio 1773.2% → 68.0%). Calculated
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↑
Payroll decreased
Salary cost 745.9k NOK → 713.5k NOK (48% → 51% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.55m NOK to 1.41m NOK (-9.5% YoY). Calculated
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↓
Operating result weakened
Operating result +339.0k NOK → +150.4k NOK (op. margin 21.8% → 10.7%). Calculated
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↓
Net result weakened
Net result +245.6k NOK → +106.6k NOK (net margin 15.8% → 7.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.09× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 389.7k NOK → 431.8k NOK (+10.8% YoY). Calculated