Org.nr 980 489 876 2005 → 2006 Year-over-year analysis

ULSTEIN GROUP ASA: årsregnskap 2006 vs 2005

Grew 47% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2006 with 2005 for ULSTEIN GROUP ASA. Revenue 8.33m NOK → 12.27m NOK (+47.4%). Net result +56.17m NOK → +212.11m NOK. Equity 610458995.56bn NOK → 722.33m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ULSTEIN GROUP ASA.

Scorecard

Revenue
8.33m NOK 12.27m NOK
+47.4%
Operating result
n/m +36.84m NOK
—
Net result
+56.17m NOK +212.11m NOK
+277.6%
Equity
610458995.56bn NOK 722.33m NOK
-100.0%
Total assets
1.16bn NOK 1.23bn NOK
+5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.33m NOK to 12.27m NOK (+47.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +56.17m NOK → +212.11m NOK (net margin 674.5% → 1728.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 610458995.56bn NOK → 722.33m NOK (equity ratio 52706571427.6% → 58.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 182499325.18bn NOK → 182.43m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 678928601.65bn NOK → 514.0k NOK. Reported fact