FirmaIQ
Org.nr 981 236 351 2005 → 2006 Year-over-year analysis

ACHIEVES AS: årsregnskap 2006 vs 2005

Shrank 66% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ACHIEVES AS. Revenue 460.1k NOK → 157.8k NOK (-65.7%). Net result +4.11m NOK → -153.3k NOK. Equity 150.7k NOK → -2 586 NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACHIEVES AS.

At a glance

Scorecard

Revenue
460.1k NOK 157.8k NOK
-65.7%
Operating result
+216.7k NOK +3 287 NOK
-98.5%
Net result
+4.11m NOK -153.3k NOK
-103.7%
Equity
150.7k NOK -2 586 NOK
-101.7%
Total assets
6.29m NOK 6.25m NOK
-0.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 460.1k NOK to 157.8k NOK (-65.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +216.7k NOK → +3 287 NOK (op. margin 47.1% → 2.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.11m NOK profit to a loss of 153.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 150.7k NOK → -2 586 NOK (equity ratio 2.4% → -0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 29.8k NOK → 7 055 NOK (-76.3% YoY). Calculated