FirmaIQ
Org.nr 986 230 513 2005 → 2006 Year-over-year analysis

AC DESIGNTECH AS: årsregnskap 2006 vs 2005

Shrank 50% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AC DESIGNTECH AS. Revenue 931.9k NOK → 462.5k NOK (-50.4%). Net result +319.6k NOK → +63.4k NOK. Equity 115.2k NOK → -51.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AC DESIGNTECH AS.

At a glance

Scorecard

Revenue
931.9k NOK 462.5k NOK
-50.4%
Operating result
+309.7k NOK +84.8k NOK
-72.6%
Net result
+319.6k NOK +63.4k NOK
-80.2%
Equity
115.2k NOK -51.9k NOK
-145.0%
Total assets
392.39m NOK 142.1k NOK
-100.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.16m NOK → 90.0k NOK (231% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 931.9k NOK to 462.5k NOK (-50.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +309.7k NOK → +84.8k NOK (op. margin 33.2% → 18.3%). Calculated

  • ↓

    Net result weakened

    Net result +319.6k NOK → +63.4k NOK (net margin 34.3% → 13.7%). Calculated

  • ↓

    Equity eroded

    Book equity 115.2k NOK → -51.9k NOK (equity ratio 0.0% → -36.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -36.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation