NAVAMEDIC ASA: årsregnskap 2006 vs 2005
Grew 158% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for NAVAMEDIC ASA. Revenue 4.43m NOK → 11.43m NOK (+157.8%). Net result -4.87m NOK → -7.57m NOK. Equity 44.29m NOK → 46.59m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for NAVAMEDIC ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.43m NOK to 11.43m NOK (+157.8% YoY). Calculated
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↑
Equity strengthened
Book equity 44.29m NOK → 46.59m NOK (equity ratio 90.4% → 88.1%). Calculated
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↑
Owners injected capital
Paid-in equity rose 44.29m NOK → 46.59m NOK (+2.30m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -3.28m NOK → -10.25m NOK (op. margin -74.0% → -89.7%). Calculated
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↓
Net result weakened
Net result -4.87m NOK → -7.57m NOK (net margin -109.8% → -66.3%). Calculated
Things to notice
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Payroll increased
Salary cost 2.02m NOK → 4.36m NOK (45% → 38% of revenue). Calculated
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COGS fell
COGS / varekostnad 368.9k NOK → 145.4k NOK (-60.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 973.5k NOK → 323.2k NOK. Reported fact