ADCOMMITTO AS: årsregnskap 2006 vs 2005
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADCOMMITTO AS. Revenue 123.7k NOK → 120.6k NOK (-2.5%). Equity -36.0k NOK → -49.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADCOMMITTO AS.
At a glance
Scorecard
Revenue
123.7k NOK
120.6k NOK
-2.5%
Operating result
-59.1k NOK
-12.5k NOK
+78.9%
Net result
n/m
-13.9k NOK
—
Equity
-36.0k NOK
-49.9k NOK
-38.5%
Total assets
23.0k NOK
13.7k NOK
-40.6%
What improved
-
↑
Operating result improved
Operating result -59.1k NOK → -12.5k NOK (op. margin -47.8% → -10.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 123.7k NOK to 120.6k NOK (-2.5% YoY). Calculated
-
↓
Equity eroded
Book equity -36.0k NOK → -49.9k NOK (equity ratio -156.6% → -365.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -365.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation