A-MERKING AS: årsregnskap 2006 vs 2005
Grew 75% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A-MERKING AS. Revenue 3.03m NOK → 5.29m NOK (+74.8%). Net result +353.7k NOK → +218.8k NOK. Equity 267.5k NOK → 146.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A-MERKING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.03m NOK to 5.29m NOK (+74.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +376.2k NOK → +320.5k NOK (op. margin 12.4% → 6.1%). Calculated
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↓
Net result weakened
Net result +353.7k NOK → +218.8k NOK (net margin 11.7% → 4.1%). Calculated
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↓
Equity eroded
Book equity 267.5k NOK → 146.3k NOK (equity ratio 45.0% → 38.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 957.9k NOK → 2.24m NOK (32% → 42% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 883.2k NOK → 713.5k NOK (-19.2% YoY). Calculated