A/S Spilka Industri: årsregnskap 2006 vs 2005
Shrank 32% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for A/S Spilka Industri. Revenue 194.98m NOK → 133.34m NOK (-31.6%). Net result +10.66m NOK → +52.73m NOK. Equity 74.44m NOK → 107.11m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Spilka Industri.
At a glance
Scorecard
What improved
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Net result improved
Net result +10.66m NOK → +52.73m NOK (net margin 5.5% → 39.5%). Calculated
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Equity strengthened
Book equity 74.44m NOK → 107.11m NOK (equity ratio 49.9% → 55.3%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 194.98m NOK to 133.34m NOK (-31.6% YoY). Calculated
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Operating result weakened
Operating result +21.88m NOK → +14.13m NOK (op. margin 11.2% → 10.6%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 63.00m NOK → 61.10m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 69.46m NOK → 45.31m NOK (-34.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 49.15m NOK → 49.61m NOK. Reported fact