ABACTUS AS: årsregnskap 2006 vs 2005
Shrank 89% on revenue, weaker earnings
Summary
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.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4 898 NOK → 8.42m NOK (equity ratio 0.0% → 73.5%). Calculated
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↑
Payroll decreased
Salary cost 23.5k NOK → 15.4k NOK (0% → 2% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.15m NOK to 894.2k NOK (-89.0% YoY). Calculated
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↓
Operating result weakened
Operating result +7.74m NOK → +433.2k NOK (op. margin 95.0% → 48.4%). Calculated
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↓
Net result weakened
Net result +6.36m NOK → +3.53m NOK (net margin 78.1% → 394.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 2 510 NOK. Reported fact