3B-FIBREGLASS NORWAY AS: årsregnskap 2005 vs 2004
Shrank 6% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 3B-FIBREGLASS NORWAY AS. Revenue 299.2k NOK → 281.8k NOK (-5.8%). Net result -5 867 NOK → +1 814 NOK. Equity 97.2k NOK → 99.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
299.2k NOK
281.8k NOK
-5.8%
Operating result
-6 213 NOK
+5 369 NOK
+186.4%
Net result
-5 867 NOK
+1 814 NOK
+130.9%
Equity
97.2k NOK
99.0k NOK
+1.8%
Total assets
278.7k NOK
289.9k NOK
+4.0%
What improved
-
↑
Operating result improved
Operating result -6 213 NOK → +5 369 NOK (op. margin -2.1% → 1.9%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 5 867 NOK to a profit of 1 814 NOK. Calculated
-
↑
Equity strengthened
Book equity 97.2k NOK → 99.0k NOK (equity ratio 34.9% → 34.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 299.2k NOK to 281.8k NOK (-5.8% YoY). Calculated