ABSOLUTE BAR AS: årsregnskap 2006 vs 2005
Grew 101% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ABSOLUTE BAR AS. Revenue 458.1k NOK → 921.9k NOK (+101.2%). Net result +110.4k NOK → +508.0k NOK. Equity 317.7k NOK → 550.7k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABSOLUTE BAR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 458.1k NOK to 921.9k NOK (+101.2% YoY). Calculated
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Net result improved
Net result +110.4k NOK → +508.0k NOK (net margin 24.1% → 55.1%). Calculated
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Equity strengthened
Book equity 317.7k NOK → 550.7k NOK (equity ratio 48.4% → 125.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +62.7k NOK → -447.6k NOK (op. margin 13.7% → -48.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 375 NOK — check capital reduction, conversion, or reclassification. Interpretation