ADIGO MEKATRONIKK AS: årsregnskap 2006 vs 2005
Grew 14% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADIGO MEKATRONIKK AS. Revenue 5.29m NOK → 6.05m NOK (+14.2%). Net result +178.4k NOK → -185.4k NOK. Equity 464.2k NOK → 278.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADIGO MEKATRONIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.29m NOK to 6.05m NOK (+14.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +250.3k NOK → -114.7k NOK (op. margin 4.7% → -1.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 178.4k NOK profit to a loss of 185.4k NOK. Calculated
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↓
Equity eroded
Book equity 464.2k NOK → 278.8k NOK (equity ratio 18.3% → 9.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.05m NOK → 1.61m NOK (+53.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 162.5k NOK → 290.5k NOK. Reported fact