Org.nr 967 688 576 2005 → 2006 Year-over-year analysis

ABACTUS AS: årsregnskap 2006 vs 2005

Shrank 89% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for ABACTUS AS. Revenue 8.15m NOK → 894.2k NOK (-89.0%). Net result +6.36m NOK → +3.53m NOK. Equity 4 898 NOK → 8.42m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABACTUS AS.

Scorecard

Revenue
8.15m NOK 894.2k NOK
-89.0%
Operating result
+7.74m NOK +433.2k NOK
-94.4%
Net result
+6.36m NOK +3.53m NOK
-44.6%
Equity
4 898 NOK 8.42m NOK
+171893.5%
Total assets
48.81m NOK 11.46m NOK
-76.5%

What improved

  • ↑

    Equity strengthened

    Book equity 4 898 NOK → 8.42m NOK (equity ratio 0.0% → 73.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 23.5k NOK → 15.4k NOK (0% → 2% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.15m NOK to 894.2k NOK (-89.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.74m NOK → +433.2k NOK (op. margin 95.0% → 48.4%). Calculated

  • ↓

    Net result weakened

    Net result +6.36m NOK → +3.53m NOK (net margin 78.1% → 394.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 2 510 NOK. Reported fact