ABRA FINANCE AS: årsregnskap 2006 vs 2005
Shrank 16% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABRA FINANCE AS. Revenue 747.7k NOK → 625.5k NOK (-16.3%). Equity 68.8k NOK → 145.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 68.8k NOK → 145.0k NOK (equity ratio 11.3% → 291.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 747.7k NOK to 625.5k NOK (-16.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +91.4k NOK → -199.1k NOK (op. margin 12.2% → -31.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.82× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 370.2k NOK → 1.36m NOK (50% → 218% of revenue). Calculated