Org.nr 876 702 312 2005 → 2006 Year-over-year analysis

AJBAS AS: årsregnskap 2006 vs 2005

Shrank 9% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AJBAS AS. Revenue 2.92m NOK → 2.66m NOK (-8.8%). Equity 52.4k NOK → -112.9k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJBAS AS.

At a glance

Revenue

2.92m NOK 2.66m NOK

-8.8%

Operating result

-98.8k NOK n/m

—

Net result

-108.7k NOK n/m

—

Equity

52.4k NOK -112.9k NOK

-315.5%

Total assets

1.36m NOK 801.6k NOK

-41.0%

↑
Payroll decreased

Salary cost 679.4k NOK → 606.8k NOK (23% → 23% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.92m NOK to 2.66m NOK (-8.8% YoY). Calculated
↓
Equity eroded

Book equity 52.4k NOK → -112.9k NOK (equity ratio 3.9% → -14.1%). Calculated

·
Thin equity buffer

Equity ratio is -14.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 1.87m NOK → 1.74m NOK (-7.1% YoY). Calculated