ARCTICZYMES TECHNOLOGIES ASA: årsregnskap 2006 vs 2004
Grew 26% on revenue
Summary
What changed
Comparing Årsregnskap 2006 with 2004 for ARCTICZYMES TECHNOLOGIES ASA. Revenue 26.57m NOK → 33.50m NOK (+26.1%). Equity 57.32m NOK → 120.03m NOK.
On the constructive side: revenue rose; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ARCTICZYMES TECHNOLOGIES ASA.
At a glance
Scorecard
Revenue
26.57m NOK
33.50m NOK
+26.1%
Operating result
-10.13m NOK
n/m
—
Equity
57.32m NOK
120.03m NOK
+109.4%
Cash
n/m
55.32m NOK
—
Total assets
63.24m NOK
133.56m NOK
+111.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 26.57m NOK to 33.50m NOK (+26.1% YoY). Calculated
-
↑
Equity strengthened
Book equity 57.32m NOK → 120.03m NOK (equity ratio 90.6% → 89.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 16.63m NOK → 28.45m NOK (63% → 85% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 1.88m NOK → 1.35m NOK (-28.4% YoY). Calculated