AB-M AS: årsregnskap 2006 vs 2005
Shrank 29% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AB-M AS. Revenue 3.32m NOK → 2.35m NOK (-29.3%). Net result -95.3k NOK → +68.7k NOK. Equity -100.9k NOK → -32.2k NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB-M AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 95.3k NOK to a profit of 68.7k NOK. Calculated
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↑
Equity strengthened
Book equity -100.9k NOK → -32.2k NOK (equity ratio -20.2% → -5.9%). Calculated
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↑
Payroll decreased
Salary cost 314.6k NOK → 189.3k NOK (9% → 8% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.32m NOK to 2.35m NOK (-29.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.93m NOK → 1.97m NOK (-32.7% YoY). Calculated