Org.nr 976 208 277 2005 → 2006 Year-over-year analysis

AIRCRAFT ENGINEERING AS: årsregnskap 2006 vs 2005

Grew 44% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
2.38m NOK 3.44m NOK
+44.3%
Net result
+49.1k NOK +2 008 NOK
-95.9%
Equity
223.6k NOK 429.0k NOK
+91.8%
Cash
n/m 32.2k NOK
—
Total assets
316.6k NOK 1.13m NOK
+258.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.38m NOK to 3.44m NOK (+44.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 223.6k NOK → 429.0k NOK (equity ratio 70.6% → 37.8%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +49.1k NOK → +2 008 NOK (net margin 2.1% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 786.6k NOK → 856.4k NOK (33% → 25% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.96m NOK → 1.78m NOK (-40.1% YoY). Calculated