Org.nr 987 493 348 2005 → 2006 Year-over-year analysis

ABACUS IT AS: årsregnskap 2006 vs 2005

Grew 88838% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for ABACUS IT AS. Revenue 4 992 NOK → 4.44m NOK (+88838.3%). Equity 115.0k NOK → 124.6k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACUS IT AS.

Scorecard

Revenue
4 992 NOK 4.44m NOK
+88838.3%
Operating result
+21.7k NOK +25.9k NOK
+19.4%
Net result
n/m +9 586 NOK
—
Equity
115.0k NOK 124.6k NOK
+8.3%
Cash
n/m 313.0k NOK
—
Total assets
2 320 NOK 1.26m NOK
+54169.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 992 NOK to 4.44m NOK (+88838.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +21.7k NOK → +25.9k NOK (op. margin 434.6% → 0.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 115.0k NOK → 124.6k NOK (equity ratio 4956.1% → 9.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 311.1k NOK → 2.75m NOK (6232% → 62% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4 382 NOK → 1.00m NOK (+22831.4% YoY). Calculated