AKADEMIET SANDNES AS: årsregnskap 2006 vs 2005
Grew 293117% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AKADEMIET SANDNES AS. Revenue 1 984 NOK → 5.82m NOK (+293116.9%). Net result -229.6k NOK → +80.4k NOK. Equity 129.6k NOK → 150.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AKADEMIET SANDNES AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 984 NOK to 5.82m NOK (+293116.9% YoY). Calculated
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Operating result improved
Operating result -229.8k NOK → +100.5k NOK (op. margin -11585.0% → 1.7%). Calculated
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Turned profitable
Net result flipped from a loss of 229.6k NOK to a profit of 80.4k NOK. Calculated
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Equity strengthened
Book equity 129.6k NOK → 150.8k NOK (equity ratio 6216.5% → 9.0%). Calculated
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Current ratio back above 1×
Current ratio 0.98× → 1.01×. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 3 520 NOK → 2.57m NOK (177% → 44% of revenue). Calculated
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COGS moved
COGS / varekostnad 501.7k NOK → 573.6k NOK (+14.3% YoY). Calculated