Org.nr 958 216 076 2005 → 2006 Year-over-year analysis

ADMIN AS: årsregnskap 2006 vs 2005

Shrank 24% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ADMIN AS. Revenue 8.32m NOK → 6.31m NOK (-24.1%). Equity 888.2k NOK → 717.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMIN AS.

At a glance

Revenue

8.32m NOK 6.31m NOK

-24.1%

Operating result

+1.07m NOK +803.1k NOK

-24.8%

Net result

n/m +708.7k NOK

—

Equity

888.2k NOK 717.5k NOK

-19.2%

Total assets

2.97m NOK 2.44m NOK

-18.1%

↑
Payroll decreased

Salary cost 1.36m NOK → 1.13m NOK (16% → 18% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 8.32m NOK to 6.31m NOK (-24.1% YoY). Calculated
↓
Operating result weakened

Operating result +1.07m NOK → +803.1k NOK (op. margin 12.8% → 12.7%). Calculated
↓
Equity eroded

Book equity 888.2k NOK → 717.5k NOK (equity ratio 29.9% → 29.5%). Calculated

·
COGS fell

COGS / varekostnad 4.73m NOK → 337.5k NOK (-92.9% YoY). Calculated
·
Book investments changed

Investment / intangible book value 58.7k NOK → 10.5k NOK. Reported fact