Org.nr 937 715 080 2005 → 2006 Year-over-year analysis

AIR TRAFFIC OFFSHORE AS: årsregnskap 2006 vs 2005

Grew 128% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AIR TRAFFIC OFFSHORE AS. Revenue 932.1k NOK → 2.12m NOK (+127.8%). Equity 4.38m NOK → 7.68m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR TRAFFIC OFFSHORE AS.

At a glance

Revenue

932.1k NOK 2.12m NOK

+127.8%

Operating result

-1.33m NOK -459.2k NOK

+65.5%

Net result

n/m -3.10m NOK

—

Equity

4.38m NOK 7.68m NOK

+75.4%

Cash

n/m 5.78m NOK

—

Total assets

29.89m NOK 37.15m NOK

+24.3%

↑
Revenue rose

Operating income / revenue moved from 932.1k NOK to 2.12m NOK (+127.8% YoY). Calculated
↑
Operating result improved

Operating result -1.33m NOK → -459.2k NOK (op. margin -142.9% → -21.6%). Calculated
↑
Equity strengthened

Book equity 4.38m NOK → 7.68m NOK (equity ratio 14.6% → 20.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 4.38m NOK → 7.68m NOK (+3.30m NOK). Reported fact
↑
Payroll decreased

Salary cost 258.5k NOK → 211.2k NOK (28% → 10% of revenue). Calculated

·
COGS fell

COGS / varekostnad 312.9k NOK → 189.0k NOK (-39.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 752.0k NOK → 212.4k NOK. Reported fact