ADAM & EVA FRISØR AS: årsregnskap 2006 vs 2005
Grew 11% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADAM & EVA FRISØR AS. Revenue 2.64m NOK → 2.92m NOK (+10.6%). Net result +183.2k NOK → +106.5k NOK. Equity 293.3k NOK → 107.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.64m NOK to 2.92m NOK (+10.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +256.2k NOK → +151.7k NOK (op. margin 9.7% → 5.2%). Calculated
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↓
Net result weakened
Net result +183.2k NOK → +106.5k NOK (net margin 6.9% → 3.6%). Calculated
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↓
Equity eroded
Book equity 293.3k NOK → 107.8k NOK (equity ratio 35.7% → 601.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.67m NOK → 1.90m NOK (63% → 65% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 410.3k NOK → 558.7k NOK (+36.2% YoY). Calculated