A.K.WALLØE EIENDOM AS: årsregnskap 2006 vs 2005
Grew 12% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A.K.WALLØE EIENDOM AS. Revenue 3.35m NOK → 3.74m NOK (+11.6%). Net result +59.3k NOK → +361.3k NOK. Equity 595.3k NOK → 956.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.35m NOK to 3.74m NOK (+11.6% YoY). Calculated
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Operating result improved
Operating result +97.3k NOK → +507.7k NOK (op. margin 2.9% → 13.6%). Calculated
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Net result improved
Net result +59.3k NOK → +361.3k NOK (net margin 1.8% → 9.7%). Calculated
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Equity strengthened
Book equity 595.3k NOK → 956.6k NOK (equity ratio 49.8% → 57.9%). Calculated
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Payroll decreased
Salary cost 1.76m NOK → 1.55m NOK (53% → 41% of revenue). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 1.66× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 454.9k NOK → 1.04m NOK (+128.5% YoY). Calculated