AC-SUNCARE INSTITUTE AS: årsregnskap 2006 vs 2005
Grew 184% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AC-SUNCARE INSTITUTE AS. Revenue 101.8k NOK → 288.6k NOK (+183.6%). Net result +103.0k NOK → +442.1k NOK. Equity 450.4k NOK → 8 313 NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AC-SUNCARE INSTITUTE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 101.8k NOK to 288.6k NOK (+183.6% YoY). Calculated
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Operating result improved
Operating result +103.0k NOK → +442.6k NOK (op. margin 101.2% → 153.4%). Calculated
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Net result improved
Net result +103.0k NOK → +442.1k NOK (net margin 101.2% → 153.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 450.4k NOK → 8 313 NOK (equity ratio 96.4% → 1.9%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1 570 NOK → 2.43m NOK (2% → 843% of revenue). Calculated
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COGS moved
COGS / varekostnad 49.1k NOK → 1.17m NOK (+2278.7% YoY). Calculated