ABICON ELEKTRO AS: årsregnskap 2006 vs 2005
Grew 30% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABICON ELEKTRO AS. Revenue 33.99m NOK → 44.29m NOK (+30.3%). Net result -671.9k NOK → +581.1k NOK. Equity 723.9k NOK → 2.31m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 33.99m NOK to 44.29m NOK (+30.3% YoY). Calculated
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Operating result improved
Operating result -572.1k NOK → +589.9k NOK (op. margin -1.7% → 1.3%). Calculated
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Turned profitable
Net result flipped from a loss of 671.9k NOK to a profit of 581.1k NOK. Calculated
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↑
Equity strengthened
Book equity 723.9k NOK → 2.31m NOK (equity ratio 6.3% → 14.4%). Calculated
Things to notice
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COGS moved
COGS / varekostnad 13.12m NOK → 18.41m NOK (+40.3% YoY). Calculated