AH DRILLING CONSULTANCY AS: årsregnskap 2006 vs 2005
Grew 72% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AH DRILLING CONSULTANCY AS. Revenue 483.7k NOK → 832.9k NOK (+72.2%). Net result +246.4k NOK → +265.0k NOK. Equity 3 350 NOK → 1.92m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 483.7k NOK to 832.9k NOK (+72.2% YoY). Calculated
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Net result improved
Net result +246.4k NOK → +265.0k NOK (net margin 50.9% → 31.8%). Calculated
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Equity strengthened
Book equity 3 350 NOK → 1.92m NOK (equity ratio 0.5% → 258.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +339.8k NOK → +2 024 NOK (op. margin 70.3% → 0.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.23× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 4 127 NOK → 720.6k NOK (1% → 87% of revenue). Calculated