ADITECH AS: årsregnskap 2006 vs 2005
Shrank 22% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADITECH AS. Revenue 3.36m NOK → 2.61m NOK (-22.1%). Equity 87.8k NOK → 290.9k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADITECH AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +36.5k NOK → +282.0k NOK (op. margin 1.1% → 10.8%). Calculated
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↑
Equity strengthened
Book equity 87.8k NOK → 290.9k NOK (equity ratio 11.7% → 203.4%). Calculated
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↑
Payroll decreased
Salary cost 2.93m NOK → 805.7k NOK (87% → 31% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.36m NOK to 2.61m NOK (-22.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.85m NOK → 1.09m NOK (-41.1% YoY). Calculated