Org.nr 964 802 424 2005 → 2006 Year-over-year analysis

AD METAM AS: årsregnskap 2006 vs 2005

Grew 7% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AD METAM AS. Revenue 11.01m NOK → 11.75m NOK (+6.7%). Equity 1.23m NOK → 343.5k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD METAM AS.

At a glance

Revenue

11.01m NOK 11.75m NOK

+6.7%

Operating result

+417.8k NOK +385.6k NOK

-7.7%

Equity

1.23m NOK 343.5k NOK

-72.2%

Total assets

5.94m NOK 5.49m NOK

-7.6%

↑
Revenue rose

Operating income / revenue moved from 11.01m NOK to 11.75m NOK (+6.7% YoY). Calculated

↓
Operating result weakened

Operating result +417.8k NOK → +385.6k NOK (op. margin 3.8% → 3.3%). Calculated
↓
Equity eroded

Book equity 1.23m NOK → 343.5k NOK (equity ratio 20.8% → 6.3%). Calculated

·
Thin equity buffer

Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 2.31m NOK → 3.09m NOK (21% → 26% of revenue). Calculated
·
COGS moved

COGS / varekostnad 5.27m NOK → 5.50m NOK (+4.4% YoY). Calculated