Org.nr 983 569 285 2004 → 2005 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2005 vs 2004

Grew 30% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for 2ENTERTAIN NORGE AS. Revenue 24.93m NOK → 32.46m NOK (+30.2%). Equity 392.1k NOK → 644.8k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

Scorecard

Revenue
24.93m NOK 32.46m NOK
+30.2%
Operating result
n/m -91.9k NOK
—
Equity
392.1k NOK 644.8k NOK
+64.4%
Cash
1.62m NOK 6.20m NOK
+283.1%
Total assets
12.29m NOK 12.29m NOK
+0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.93m NOK to 32.46m NOK (+30.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 392.1k NOK → 644.8k NOK (equity ratio 3.2% → 5.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.62m NOK → 6.20m NOK (+283.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 9.02m NOK → 2 005 NOK (36% → 0% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 9.20m NOK → 2.64m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 18.73m NOK → 18.06m NOK (-3.6% YoY). Calculated