AKERSHUS HANDELSSELSKAP AS: årsregnskap 2006 vs 2005
Shrank 27% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AKERSHUS HANDELSSELSKAP AS. Revenue 460.6k NOK → 335.2k NOK (-27.2%). Net result +470.0k NOK → +3.07m NOK. Equity 8.76m NOK → 11.84m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKERSHUS HANDELSSELSKAP AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +200.5k NOK → +545.4k NOK (op. margin 43.5% → 162.7%). Calculated
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Net result improved
Net result +470.0k NOK → +3.07m NOK (net margin 102.0% → 916.5%). Calculated
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Equity strengthened
Book equity 8.76m NOK → 11.84m NOK (equity ratio 53.9% → 63.1%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 460.6k NOK to 335.2k NOK (-27.2% YoY). Calculated
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Payroll up without matching revenue
Salary cost 263.8k NOK → 281.4k NOK (57% → 84% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 5.43m NOK → 6.90m NOK. Reported fact