ADDSECURE AS: årsregnskap 2006 vs 2005
Grew 59% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADDSECURE AS. Revenue 20.28m NOK → 32.29m NOK (+59.2%). Equity 204.3k NOK → 21.72m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 20.28m NOK to 32.29m NOK (+59.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 204.3k NOK → 21.72m NOK (equity ratio 0.8% → 63.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.93× → 1.15×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 23.17m NOK → 49.20m NOK (+26.03m NOK). Reported fact
Things to notice
-
·
Payroll increased
Salary cost 10.50m NOK → 11.72m NOK (52% → 36% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 13.36m NOK → 19.16m NOK (+43.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 198.8k NOK → 202.4k NOK. Reported fact