FirmaIQ
Org.nr 987 578 939 2005 → 2006 Year-over-year analysis

ABYSSUS MARINE SERVICES AS: årsregnskap 2006 vs 2005

Grew 17% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ABYSSUS MARINE SERVICES AS. Revenue 5.82m NOK → 6.78m NOK (+16.5%). Net result +455.4k NOK → +732.7k NOK. Equity 555.4k NOK → 158.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABYSSUS MARINE SERVICES AS.

At a glance

Scorecard

Revenue
5.82m NOK 6.78m NOK
+16.5%
Operating result
+552.5k NOK +947.2k NOK
+71.4%
Net result
+455.4k NOK +732.7k NOK
+60.9%
Equity
555.4k NOK 158.1k NOK
-71.5%
Total assets
8 332 NOK 1.58m NOK
+18807.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.82m NOK to 6.78m NOK (+16.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +552.5k NOK → +947.2k NOK (op. margin 9.5% → 14.0%). Calculated

  • ↑

    Net result improved

    Net result +455.4k NOK → +732.7k NOK (net margin 7.8% → 10.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.61m NOK → 870.3k NOK (96% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 555.4k NOK → 158.1k NOK (equity ratio 6666.1% → 10.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.84m NOK → 3.69m NOK (-4.0% YoY). Calculated