ABO BYGG AS: årsregnskap 2006 vs 2005
Grew 163% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABO BYGG AS. Revenue 519.4k NOK → 1.36m NOK (+162.8%). Net result +100.9k NOK → -280.2k NOK. Equity 172.1k NOK → -108.1k NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 519.4k NOK to 1.36m NOK (+162.8% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 100.9k NOK profit to a loss of 280.2k NOK. Calculated
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↓
Equity eroded
Book equity 172.1k NOK → -108.1k NOK (equity ratio 40.6% → -18.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 78.4k NOK → 1.79m NOK (15% → 131% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3 146 NOK → 467.5k NOK (+14759.9% YoY). Calculated