HVAL SJOKOLADEFABRIKK ASA: årsregnskap 2006 vs 2005
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for HVAL SJOKOLADEFABRIKK ASA. Revenue 27.71m NOK → 26.35m NOK (-4.9%). Equity 11.11m NOK → 8.91m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for HVAL SJOKOLADEFABRIKK ASA.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.38m NOK → 7 NOK (12% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 27.71m NOK to 26.35m NOK (-4.9% YoY). Calculated
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↓
Operating result weakened
Operating result -935.7k NOK → -1.93m NOK (op. margin -3.4% → -7.3%). Calculated
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↓
Equity eroded
Book equity 11.11m NOK → 8.91m NOK (equity ratio 59.7% → 53.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 10.20m NOK → 8.91m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 17.26m NOK → 15.68m NOK (-9.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 51.0k NOK → 10 NOK. Reported fact