FirmaIQ
Org.nr 946 926 140 2005 → 2006 Year-over-year analysis

A/S Edvardsen Eiendom: årsregnskap 2006 vs 2005

Returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for A/S Edvardsen Eiendom. Revenue 765.8k NOK → 792.4k NOK (+3.5%). Net result -2 600 NOK → +229.1k NOK. Equity 926.2k NOK → 155.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Edvardsen Eiendom.

At a glance

Scorecard

Revenue
765.8k NOK 792.4k NOK
+3.5%
Operating result
+218.0k NOK +473.9k NOK
+117.4%
Net result
-2 600 NOK +229.1k NOK
+8911.5%
Equity
926.2k NOK 155.3k NOK
-83.2%
Total assets
4.70m NOK 4.93m NOK
+4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 765.8k NOK to 792.4k NOK (+3.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +218.0k NOK → +473.9k NOK (op. margin 28.5% → 59.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 600 NOK to a profit of 229.1k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 926.2k NOK → 155.3k NOK (equity ratio 19.7% → 3.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.03× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation