ABC METALL AS: årsregnskap 2006 vs 2005
Grew 665% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABC METALL AS. Revenue 462.6k NOK → 3.54m NOK (+665.1%). Equity 438.5k NOK → 139.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC METALL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 462.6k NOK to 3.54m NOK (+665.1% YoY). Calculated
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↑
Operating result improved
Operating result +413.3k NOK → +808.6k NOK (op. margin 89.4% → 22.8%). Calculated
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Cash rose
Bank deposits 214.3k NOK → 379.1k NOK (+76.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 438.5k NOK → 139.1k NOK (equity ratio 34.8% → 10.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.10× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 147.6k NOK → 315.2k NOK (32% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad -411.0k NOK → 753.9k NOK (+283.4% YoY). Calculated