A/S Ariel: årsregnskap 2006 vs 2005
Grew 668% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A/S Ariel. Revenue 12.1k NOK → 93.3k NOK (+668.4%). Equity 81.1k NOK → -92.0k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Ariel.
At a glance
Scorecard
Revenue
12.1k NOK
93.3k NOK
+668.4%
Operating result
-25.3k NOK
-9 052 NOK
+64.2%
Equity
81.1k NOK
-92.0k NOK
-213.5%
Total assets
17.5k NOK
24.5k NOK
+39.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.1k NOK to 93.3k NOK (+668.4% YoY). Calculated
-
↑
Operating result improved
Operating result -25.3k NOK → -9 052 NOK (op. margin -208.5% → -9.7%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 81.1k NOK → -92.0k NOK (equity ratio 462.4% → -375.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -375.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation