ADAPTI AS: årsregnskap 2006 vs 2005
Grew 103% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADAPTI AS. Revenue 1.44m NOK → 2.92m NOK (+103.1%). Net result +90.4k NOK → +12.3k NOK. Equity 242.1k NOK → 254.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADAPTI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.44m NOK to 2.92m NOK (+103.1% YoY). Calculated
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↑
Equity strengthened
Book equity 242.1k NOK → 254.3k NOK (equity ratio 37.0% → 483.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +126.3k NOK → +10.5k NOK (op. margin 8.8% → 0.4%). Calculated
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↓
Net result weakened
Net result +90.4k NOK → +12.3k NOK (net margin 6.3% → 0.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.46× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 350.0k NOK → 250.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 18.7k NOK → 2.02m NOK (+10716.1% YoY). Calculated