A/S Longvafisk: årsregnskap 2006 vs 2005
Grew 10% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A/S Longvafisk. Revenue 17.61m NOK → 19.39m NOK (+10.1%). Equity 117.6k NOK → -382.2k NOK.
On the constructive side: revenue rose; owners injected capital; payroll decreased. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A/S Longvafisk.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 17.61m NOK to 19.39m NOK (+10.1% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 750 NOK → 150.0k NOK (+149.2k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 2.01m NOK → 1.29m NOK (11% → 7% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 117.6k NOK → -382.2k NOK (equity ratio 3.2% → -11.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -11.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 14.28m NOK → 16.48m NOK (+15.3% YoY). Calculated