ADIUVO AS: årsregnskap 2006 vs 2005
Shrank 10% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADIUVO AS. Revenue 2.09m NOK → 1.87m NOK (-10.2%). Net result +454.4k NOK → +277.0k NOK. Equity 632.8k NOK → 909.8k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADIUVO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 632.8k NOK → 909.8k NOK (equity ratio 149.6% → 222.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 2.32×. Calculated
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↑
Payroll decreased
Salary cost 2.99m NOK → 969.4k NOK (143% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.09m NOK to 1.87m NOK (-10.2% YoY). Calculated
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↓
Operating result weakened
Operating result +634.8k NOK → +387.1k NOK (op. margin 30.4% → 20.6%). Calculated
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↓
Net result weakened
Net result +454.4k NOK → +277.0k NOK (net margin 21.8% → 14.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 22.4k NOK → 660 NOK (-97.0% YoY). Calculated