AD:NUM AS: årsregnskap 2006 vs 2005
Returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AD:NUM AS. Revenue 0 NOK → 1 620 NOK. Net result -16.2k NOK → +7 672 NOK. Equity 128.0k NOK → 135.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AD:NUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1 620 NOK. Calculated
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↑
Operating result improved
Operating result -28.4k NOK → +10.5k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 16.2k NOK to a profit of 7 672 NOK. Calculated
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↑
Equity strengthened
Book equity 128.0k NOK → 135.7k NOK (equity ratio 13.5% → 5.2%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 8.20× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 622 NOK → 10.8k NOK. Calculated