A/S SCAN AFRICAN: årsregnskap 2006 vs 2005
Shrank 79% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A/S SCAN AFRICAN. Revenue 1.24m NOK → 258.4k NOK (-79.2%). Net result +151.7k NOK → +143.5k NOK. Equity 2.36m NOK → 2.50m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +262.1k NOK → +395.9k NOK (op. margin 21.1% → 153.2%). Calculated
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Equity strengthened
Book equity 2.36m NOK → 2.50m NOK (equity ratio 48.1% → 45.1%). Calculated
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Cash rose
Bank deposits 870.7k NOK → 993.2k NOK (+14.1% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.38× → 3.00×. Calculated
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Payroll decreased
Salary cost 592.4k NOK → 472.4k NOK (48% → 183% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.24m NOK to 258.4k NOK (-79.2% YoY). Calculated
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Net result weakened
Net result +151.7k NOK → +143.5k NOK (net margin 12.2% → 55.5%). Calculated
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COGS moved
COGS / varekostnad -5 457 NOK → 60.9k NOK (+1216.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 817.4k NOK → 761.3k NOK. Reported fact