FirmaIQ
Org.nr 921 111 347 2005 → 2006 Year-over-year analysis

AKERSGATA 18 AS: årsregnskap 2006 vs 2005

Returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for AKERSGATA 18 AS. Revenue 13.91m NOK → 14.59m NOK (+4.9%). Net result -1.59m NOK → +5.74m NOK. Equity -37.25m NOK → -42.99m NOK.

On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKERSGATA 18 AS.

At a glance

Scorecard

Revenue
13.91m NOK 14.59m NOK
+4.9%
Operating result
+8.85m NOK +6.61m NOK
-25.3%
Net result
-1.59m NOK +5.74m NOK
+461.4%
Equity
-37.25m NOK -42.99m NOK
-15.4%
Total assets
156.82m NOK 173.75m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.91m NOK to 14.59m NOK (+4.9% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.59m NOK to a profit of 5.74m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8.85m NOK → +6.61m NOK (op. margin 63.6% → 45.3%). Calculated

  • ↓

    Equity eroded

    Book equity -37.25m NOK → -42.99m NOK (equity ratio -23.8% → -24.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -24.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 111.2k NOK → 7.83m NOK (1% → 54% of revenue). Calculated