AIRCRAFT ENGINEERING AS: årsregnskap 2006 vs 2005
Grew 44% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AIRCRAFT ENGINEERING AS. Revenue 2.38m NOK → 3.44m NOK (+44.3%). Net result +49.1k NOK → +2 008 NOK. Equity 223.6k NOK → 429.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.38m NOK to 3.44m NOK (+44.3% YoY). Calculated
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↑
Equity strengthened
Book equity 223.6k NOK → 429.0k NOK (equity ratio 70.6% → 37.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +49.1k NOK → +2 008 NOK (net margin 2.1% → 0.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 786.6k NOK → 856.4k NOK (33% → 25% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.96m NOK → 1.78m NOK (-40.1% YoY). Calculated