FirmaIQ
Org.nr 985 253 846 2005 → 2006 Year-over-year analysis

AD NAVIGATION AS: årsregnskap 2006 vs 2005

Shrank 52% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AD NAVIGATION AS. Revenue 6.84m NOK → 3.31m NOK (-51.6%). Net result +51.4k NOK → +125.2k NOK. Equity 1.64m NOK → 1.77m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD NAVIGATION AS.

At a glance

Scorecard

Revenue
6.84m NOK 3.31m NOK
-51.6%
Operating result
+71.3k NOK -805.1k NOK
-1229.3%
Net result
+51.4k NOK +125.2k NOK
+143.8%
Equity
1.64m NOK 1.77m NOK
+7.6%
Cash
322.0k NOK n/m
—
Total assets
4.34m NOK 4.21m NOK
-2.9%

What improved

  • ↑

    Net result improved

    Net result +51.4k NOK → +125.2k NOK (net margin 0.8% → 3.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64m NOK → 1.77m NOK (equity ratio 37.9% → 42.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.84m NOK to 3.31m NOK (-51.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +71.3k NOK → -805.1k NOK (op. margin 1.0% → -24.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7 NOK → 697.8k NOK (0% → 21% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.53m NOK → 2.31m NOK (-58.2% YoY). Calculated