FirmaIQ
Org.nr 981 528 778 2005 → 2006 Year-over-year analysis

ABSOLUTESKILLS AS: årsregnskap 2006 vs 2005

Shrank 39% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ABSOLUTESKILLS AS. Revenue 3.35m NOK → 2.06m NOK (-38.6%). Net result +249.4k NOK → +937.3k NOK. Equity 471.6k NOK → 1.41m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTESKILLS AS.

At a glance

Scorecard

Revenue
3.35m NOK 2.06m NOK
-38.6%
Operating result
+1.60m NOK +766.3k NOK
-52.0%
Net result
+249.4k NOK +937.3k NOK
+275.8%
Equity
471.6k NOK 1.41m NOK
+198.7%
Total assets
2.89m NOK 2.08m NOK
-28.1%

What improved

  • ↑

    Net result improved

    Net result +249.4k NOK → +937.3k NOK (net margin 7.5% → 45.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 471.6k NOK → 1.41m NOK (equity ratio 16.3% → 67.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.35m NOK to 2.06m NOK (-38.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +766.3k NOK (op. margin 47.7% → 37.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.26m NOK → 1.97m NOK (38% → 96% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.20m NOK → 0 NOK. Reported fact