A MARINE AS: årsregnskap 2006 vs 2005
Grew 144580% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A MARINE AS. Revenue 266.1k NOK → 384.96m NOK (+144579.8%). Net result +87.0k NOK → +28.2k NOK. Equity -620.2k NOK → -591.9k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A MARINE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 266.1k NOK to 384.96m NOK (+144579.8% YoY). Calculated
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↑
Equity strengthened
Book equity -620.2k NOK → -591.9k NOK (equity ratio -296.5% → -165.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +68.6k NOK → +27.9k NOK (op. margin 25.8% → 0.0%). Calculated
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↓
Net result weakened
Net result +87.0k NOK → +28.2k NOK (net margin 32.7% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.41× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 44.9k NOK → 2.20m NOK (17% → 1% of revenue). Calculated