ADVANCED THINKERS ENGINEERING AS: årsregnskap 2006 vs 2005
Shrank 77% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVANCED THINKERS ENGINEERING AS. Revenue 857.8k NOK → 200.9k NOK (-76.6%). Equity -53.8k NOK → 9.16m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -53.8k NOK → 9.16m NOK (equity ratio -16.4% → 4374.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.51× → 3.88×. Calculated
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↑
Payroll decreased
Salary cost 279.4k NOK → 31.4k NOK (33% → 16% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 857.8k NOK to 200.9k NOK (-76.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 241.0k NOK → -38.6k NOK (-116.0% YoY). Calculated