Org.nr 981 953 134 2005 → 2006 Year-over-year analysis

ZALARIS ASA: årsregnskap 2006 vs 2005

Grew 25% on revenue

Summary

What changed

Comparing Årsregnskap 2006 with 2005 for ZALARIS ASA. Revenue 43.52m NOK → 54.21m NOK (+24.6%). Equity 25.49m NOK → 24.15m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ZALARIS ASA.

At a glance

Revenue

43.52m NOK 54.21m NOK

+24.6%

Equity

25.49m NOK 24.15m NOK

-5.3%

Total assets

56.16m NOK 85.08m NOK

+51.5%

↑
Revenue rose

Operating income / revenue moved from 43.52m NOK to 54.21m NOK (+24.6% YoY). Calculated

↓
Equity eroded

Book equity 25.49m NOK → 24.15m NOK (equity ratio 45.4% → 28.4%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.14× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS moved

COGS / varekostnad 2.53m NOK → 2.98m NOK (+17.6% YoY). Calculated
·
Book investments changed

Investment / intangible book value 17.17m NOK → 18.23m NOK. Reported fact