Org.nr 977 458 412 2005 → 2006 Year-over-year analysis

A. M. VIK AS: årsregnskap 2006 vs 2005

Grew 14% on revenue, weaker earnings

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for A. M. VIK AS. Revenue 9.61m NOK → 10.95m NOK (+13.9%). Net result +872.3k NOK → +544.2k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A. M. VIK AS.

At a glance

Revenue

9.61m NOK 10.95m NOK

+13.9%

Operating result

+1.28m NOK +842.2k NOK

-34.4%

Net result

+872.3k NOK +544.2k NOK

-37.6%

Equity

n/m 2.58m NOK

—

Total assets

5.39m NOK 6.63m NOK

+23.1%

↑
Revenue rose

Operating income / revenue moved from 9.61m NOK to 10.95m NOK (+13.9% YoY). Calculated
↑
Payroll decreased

Salary cost 2.17m NOK → 2 NOK (23% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +1.28m NOK → +842.2k NOK (op. margin 13.4% → 7.7%). Calculated
↓
Net result weakened

Net result +872.3k NOK → +544.2k NOK (net margin 9.1% → 5.0%). Calculated

·
COGS moved

COGS / varekostnad 5.08m NOK → 6.37m NOK (+25.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 87.0k NOK → 205.5k NOK. Reported fact