Akershus Traktor A/S: årsregnskap 2006 vs 2005
Grew 57% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for Akershus Traktor A/S. Revenue 134.71m NOK → 211.60m NOK (+57.1%). Equity 7.98m NOK → 5.44m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for Akershus Traktor A/S.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 134.71m NOK to 211.60m NOK (+57.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.74m NOK → -2.22m NOK (op. margin 1.3% → -1.1%). Calculated
-
↓
Equity eroded
Book equity 7.98m NOK → 5.44m NOK (equity ratio 12.0% → 6.2%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 12.67m NOK → 19.97m NOK (9% → 9% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 13.11bn NOK → 12.18bn NOK (-7.1% YoY). Calculated