A & R EIENDOM SKJERVØY AS: årsregnskap 2006 vs 2005
Grew 4093% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A & R EIENDOM SKJERVØY AS. Revenue 88.3k NOK → 3.70m NOK (+4092.8%). Net result +621.7k NOK → +31 NOK. Equity 558.1k NOK → 57.5k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A & R EIENDOM SKJERVØY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 88.3k NOK to 3.70m NOK (+4092.8% YoY). Calculated
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Cash rose
Bank deposits 398.8k NOK → 557.1k NOK (+39.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 906453.98×. Calculated
What deteriorated
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↓
Net result weakened
Net result +621.7k NOK → +31 NOK (net margin 703.8% → 0.0%). Calculated
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↓
Equity eroded
Book equity 558.1k NOK → 57.5k NOK (equity ratio 3.0% → 0.3%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation