FirmaIQ
Org.nr 984 204 442 2005 → 2006 Year-over-year analysis

ABSYN HOLDING AS: årsregnskap 2006 vs 2005

Grew 11% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ABSYN HOLDING AS. Revenue 2.42m NOK → 2.69m NOK (+11.1%). Net result +929.2k NOK → +925.3k NOK. Equity 263.0k NOK → 2.19m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABSYN HOLDING AS.

At a glance

Scorecard

Revenue
2.42m NOK 2.69m NOK
+11.1%
Operating result
+370.4k NOK +35.3k NOK
-90.5%
Net result
+929.2k NOK +925.3k NOK
-0.4%
Equity
263.0k NOK 2.19m NOK
+732.1%
Total assets
3.84m NOK 4.70m NOK
+22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.42m NOK to 2.69m NOK (+11.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 263.0k NOK → 2.19m NOK (equity ratio 6.9% → 46.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 1.27×. Calculated

  • ↑

    Payroll decreased

    Salary cost 447.0k NOK → 263.2k NOK (18% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +370.4k NOK → +35.3k NOK (op. margin 15.3% → 1.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 296.1k NOK → 282.4k NOK (-4.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 603.4k NOK → 4 603 NOK. Reported fact