Org.nr 980 093 344 2005 → 2006 Year-over-year analysis

AE FROGNER AS: årsregnskap 2006 vs 2005

Grew 25% on revenue, returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for AE FROGNER AS. Revenue 468.8k NOK → 586.0k NOK (+25.0%). Net result -44.7k NOK → +2 576 NOK. Equity -403.5k NOK → -400.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE FROGNER AS.

Scorecard

Revenue
468.8k NOK 586.0k NOK
+25.0%
Operating result
+63.9k NOK +121.3k NOK
+89.8%
Net result
-44.7k NOK +2 576 NOK
+105.8%
Equity
-403.5k NOK -400.9k NOK
+0.6%
Cash
24.6k NOK 310.7k NOK
+1163.7%
Total assets
n/m 2.85m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 468.8k NOK to 586.0k NOK (+25.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +63.9k NOK → +121.3k NOK (op. margin 13.6% → 20.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 44.7k NOK to a profit of 2 576 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -403.5k NOK → -400.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 24.6k NOK → 310.7k NOK (+1163.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -14.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation