ADVACO AS: årsregnskap 2006 vs 2005
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVACO AS. Revenue 0 NOK → 13.8k NOK. Net result +43.6k NOK → +29.0k NOK. Equity 194.6k NOK → 165.6k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVACO AS.
At a glance
Scorecard
Revenue
0 NOK
13.8k NOK
—
Operating result
+45.8k NOK
n/m
—
Net result
+43.6k NOK
+29.0k NOK
-33.5%
Equity
194.6k NOK
165.6k NOK
-14.9%
Total assets
408.3k NOK
764.2k NOK
+87.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 13.8k NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +43.6k NOK → +29.0k NOK. Calculated
-
↓
Equity eroded
Book equity 194.6k NOK → 165.6k NOK (equity ratio 47.7% → 21.7%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 83.4k NOK → 0 NOK (-100.0% YoY). Calculated