Org.nr 977 270 375 2005 → 2006 Year-over-year analysis

ADFLASH AS: årsregnskap 2006 vs 2005

Mixed movements in the accounts

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for ADFLASH AS. Equity 809.1k NOK → 327.4k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Revenue
n/m 163.7k NOK
—
Operating result
+60.1k NOK -3 191 NOK
-105.3%
Net result
+27.9k NOK n/m
—
Equity
809.1k NOK 327.4k NOK
-59.5%
Cash
53.6k NOK n/m
—
Total assets
2.27m NOK 4.36m NOK
+92.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.13× → 168.87×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +60.1k NOK → -3 191 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 809.1k NOK → 327.4k NOK (equity ratio 35.7% → 7.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 712.5k NOK → 262.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 8 208 NOK. Calculated