ABRAHAMSEN DAGLIGVARE AS: årsregnskap 2006 vs 2005
Grew 16% on revenue, returned to profit
approved 2008-05-08; registry 2008-05-20
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABRAHAMSEN DAGLIGVARE AS. Revenue 3.73m NOK → 4.32m NOK (+15.9%). Net result -113.7k NOK → +135.6k NOK. Equity 10.3k NOK → -125.3k NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN DAGLIGVARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.73m NOK to 4.32m NOK (+15.9% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 113.7k NOK to a profit of 135.6k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.3k NOK → -125.3k NOK (equity ratio 1.4% → -16.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 363.6k NOK → 7.34m NOK (10% → 170% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.95m NOK → 3.46m NOK (+17.2% YoY). Calculated