ABRI AS: årsregnskap 2006 vs 2005
Shrank 56% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABRI AS. Revenue 732.2k NOK → 320.4k NOK (-56.2%). Net result +160.6k NOK → +34.71m NOK. Equity 536.4k NOK → 35.25m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABRI AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -217.7k NOK → -162.7k NOK (op. margin -29.7% → -50.8%). Calculated
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↑
Net result improved
Net result +160.6k NOK → +34.71m NOK (net margin 21.9% → 10834.6%). Calculated
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↑
Equity strengthened
Book equity 536.4k NOK → 35.25m NOK (equity ratio 22.8% → 93.2%). Calculated
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Current ratio back above 1×
Current ratio 0.91× → 14.76×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 732.2k NOK to 320.4k NOK (-56.2% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 200 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 708.6k NOK → 2 708 NOK. Reported fact