Org.nr 983 361 161 2005 → 2006 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2006 vs 2005

Shrank 46% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ADVANCED MACHINE COMPANY AS. Revenue 11.31m NOK → 6.10m NOK (-46.1%). Equity 414.1k NOK → 300.4k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.

At a glance

Revenue

11.31m NOK 6.10m NOK

-46.1%

Operating result

+492.1k NOK n/m

—

Net result

+350.7k NOK n/m

—

Equity

414.1k NOK 300.4k NOK

-27.5%

Total assets

4.10m NOK 2.08m NOK

-49.2%

↑
Payroll decreased

Salary cost 1.95m NOK → 1.91m NOK (17% → 31% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 11.31m NOK to 6.10m NOK (-46.1% YoY). Calculated
↓
Equity eroded

Book equity 414.1k NOK → 300.4k NOK (equity ratio 10.1% → 14.4%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.02× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated