ADHAMA HOLDING AS: årsregnskap 2006 vs 2005
Grew 18% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADHAMA HOLDING AS. Revenue 8.16m NOK → 9.59m NOK (+17.6%). Net result +382.9k NOK → +753.4k NOK. Equity 488.1k NOK → 241.6k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADHAMA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.16m NOK to 9.59m NOK (+17.6% YoY). Calculated
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↑
Net result improved
Net result +382.9k NOK → +753.4k NOK (net margin 4.7% → 7.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 488.1k NOK → 241.6k NOK (equity ratio 73.5% → 11.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 561.1k NOK → 864.2k NOK (7% → 9% of revenue). Calculated
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COGS moved
COGS / varekostnad 6.36m NOK → 6.98m NOK (+9.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 60.0k NOK → 205.8k NOK. Reported fact