FirmaIQ
Org.nr 938 702 675 2005 → 2006 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2006 vs 2005

Shrank 68% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AF GRUPPEN ASA. Revenue 17.22m NOK → 5.55m NOK (-67.8%). Equity 432.69bn NOK → 459.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

At a glance

Scorecard

Revenue
17.22m NOK 5.55m NOK
-67.8%
Operating result
n/m +1 778 NOK
—
Equity
432.69bn NOK 459.8k NOK
-100.0%
Total assets
n/m 564.06m NOK
—

What improved

  • ↑

    Payroll decreased

    Salary cost 6.16m NOK → 2.64m NOK (36% → 48% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.22m NOK to 5.55m NOK (-67.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 432.69bn NOK → 459.8k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2.75bn NOK → 3.61bn NOK (+31.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 12.78m NOK → 12.19m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 492.35m NOK → 474.26m NOK. Reported fact