ADDIT AS: årsregnskap 2006 vs 2005
Grew 10% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADDIT AS. Revenue 1.68m NOK → 1.84m NOK (+9.7%). Equity 934.6k NOK → 782.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADDIT AS.
At a glance
Scorecard
Revenue
1.68m NOK
1.84m NOK
+9.7%
Operating result
n/m
+1.15m NOK
—
Net result
n/m
+848.3k NOK
—
Equity
934.6k NOK
782.9k NOK
-16.2%
Total assets
427.8k NOK
315.5k NOK
-26.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.68m NOK to 1.84m NOK (+9.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 934.6k NOK → 782.9k NOK (equity ratio 218.5% → 248.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.89× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 552.4k NOK → 559.2k NOK (33% → 30% of revenue). Calculated