AEVENT AS: årsregnskap 2006 vs 2005
Shrank 29% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AEVENT AS. Revenue 8.22m NOK → 5.87m NOK (-28.6%). Net result -50.9k NOK → +2 005 NOK. Equity 62.1k NOK → 76.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AEVENT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -62.0k NOK → +33.3k NOK (op. margin -0.8% → 0.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 50.9k NOK to a profit of 2 005 NOK. Calculated
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Equity strengthened
Book equity 62.1k NOK → 76.8k NOK (equity ratio 6.4% → 27.0%). Calculated
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Payroll decreased
Salary cost 511.7k NOK → 306.2k NOK (6% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.22m NOK to 5.87m NOK (-28.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.26m NOK → 5.21m NOK (-28.2% YoY). Calculated