ADVANCED INTERNATIONAL MANAGEMENT AS: årsregnskap 2006 vs 2005
Shrank 100% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVANCED INTERNATIONAL MANAGEMENT AS. Revenue 283.4k NOK → 283 NOK (-99.9%). Net result +61.3k NOK → +42.0k NOK. Equity 346.8k NOK → 388.8k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED INTERNATIONAL MANAGEMENT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +108.5k NOK → +283.1k NOK (op. margin 38.3% → 100047.0%). Calculated
-
↑
Equity strengthened
Book equity 346.8k NOK → 388.8k NOK (equity ratio 32.1% → 32.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 283.4k NOK to 283 NOK (-99.9% YoY). Calculated
-
↓
Net result weakened
Net result +61.3k NOK → +42.0k NOK (net margin 21.6% → 14851.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 NOK → 49.3k NOK (0% → 17414% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 51.0k NOK → 0 NOK (-100.0% YoY). Calculated