ADVANIA FOCUS AS: årsregnskap 2006 vs 2005
Grew 10784% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for ADVANIA FOCUS AS. Revenue 119.8k NOK → 13.04m NOK (+10784.3%). Equity 889.8k NOK → 16.7k NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVANIA FOCUS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 119.8k NOK to 13.04m NOK (+10784.3% YoY). Calculated
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Operating result improved
Operating result +1 461 NOK → +1.67m NOK (op. margin 1.2% → 12.8%). Calculated
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Owners injected capital
Paid-in equity rose 152.6k NOK → 357.7k NOK (+205.1k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 889.8k NOK → 16.7k NOK (equity ratio 21.0% → 0.4%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 4.63m NOK → 5.71m NOK (+23.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 603 NOK → 603.0k NOK. Reported fact