AKADEMIET VGS ÅLESUND AS: årsregnskap 2006 vs 2005
Grew 42% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AKADEMIET VGS ÅLESUND AS. Revenue 5.80m NOK → 8.24m NOK (+42.1%). Equity 428.4k NOK → 431.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS ÅLESUND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.80m NOK to 8.24m NOK (+42.1% YoY). Calculated
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↑
Equity strengthened
Book equity 428.4k NOK → 431.1k NOK (equity ratio 16.4% → 16.5%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 192 NOK → 4.63m NOK (0% → 56% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.09m NOK → 95.5k NOK (-95.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6 030 NOK → 68.5k NOK. Reported fact