ADVANCED BIOPOLYMERS AS: årsregnskap 2006 vs 2005
Grew 11% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVANCED BIOPOLYMERS AS. Revenue 146.1k NOK → 162.5k NOK (+11.2%). Net result +676 NOK → +3 381 NOK. Equity 3.48m NOK → 3.10m NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED BIOPOLYMERS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 146.1k NOK to 162.5k NOK (+11.2% YoY). Calculated
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Net result improved
Net result +676 NOK → +3 381 NOK (net margin 0.5% → 2.1%). Calculated
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Owners injected capital
Paid-in equity rose 3.48m NOK → 6.48m NOK (+3.00m NOK). Reported fact
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Payroll decreased
Salary cost 7.67m NOK → 929.7k NOK (5247% → 572% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result -1.86m NOK → -2.52m NOK (op. margin -1274.7% → -1549.5%). Calculated
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Equity eroded
Book equity 3.48m NOK → 3.10m NOK (equity ratio 89.5% → 85.4%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 224.0k NOK → 34.1k NOK (-84.8% YoY). Calculated