24 FRAMES PER SECOND AS: årsregnskap 2005 vs 2004
Shrank 99% on revenue, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 24 FRAMES PER SECOND AS. Revenue 965.2k NOK → 5 684 NOK (-99.4%). Net result +228.5k NOK → +215.3k NOK. Equity 259.2k NOK → 474.5k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 259.2k NOK → 474.5k NOK (equity ratio 34.8% → 60.4%). Calculated
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↑
Payroll decreased
Salary cost 361.6k NOK → 3 NOK (37% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 965.2k NOK to 5 684 NOK (-99.4% YoY). Calculated
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↓
Operating result weakened
Operating result +318.5k NOK → +306.3k NOK (op. margin 33.0% → 5389.0%). Calculated
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↓
Net result weakened
Net result +228.5k NOK → +215.3k NOK (net margin 23.7% → 3787.8%). Calculated
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↓
Cash fell
Bank deposits 490.7k NOK → 22.2k NOK (-95.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 130.0k NOK → 5 325 NOK. Reported fact