ADAPA AS: årsregnskap 2006 vs 2005
Shrank 91% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADAPA AS. Revenue 557.9k NOK → 52.8k NOK (-90.5%). Equity 601.9k NOK → 7.47m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAPA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 601.9k NOK → 7.47m NOK (equity ratio 23.8% → 59.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.23× → 2.05×. Calculated
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↑
Payroll decreased
Salary cost 0 NOK → -334.4k NOK (0% → -633% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 557.9k NOK to 52.8k NOK (-90.5% YoY). Calculated
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↓
Operating result weakened
Operating result +445.2k NOK → +332.2k NOK (op. margin 79.8% → 629.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.81m NOK → 253.8k NOK. Reported fact