FirmaIQ
Org.nr 938 487 669 2004 → 2005 Year-over-year analysis

3D INVEST AS: årsregnskap 2005 vs 2004

Grew 9% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for 3D INVEST AS. Revenue 21.08m NOK → 22.91m NOK (+8.7%). Net result +223.1k NOK → +475.3k NOK. Equity 867.5k NOK → 575.8k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3D INVEST AS.

At a glance

Scorecard

Revenue
21.08m NOK 22.91m NOK
+8.7%
Operating result
+660.8k NOK +871.3k NOK
+31.9%
Net result
+223.1k NOK +475.3k NOK
+113.0%
Equity
867.5k NOK 575.8k NOK
-33.6%
Total assets
8.62m NOK 6.60m NOK
-23.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.08m NOK to 22.91m NOK (+8.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +660.8k NOK → +871.3k NOK (op. margin 3.1% → 3.8%). Calculated

  • ↑

    Net result improved

    Net result +223.1k NOK → +475.3k NOK (net margin 1.1% → 2.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 867.5k NOK → 575.8k NOK (equity ratio 10.1% → 8.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 370.7k NOK → 554.1k NOK (2% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 19.62m NOK → 20.96m NOK (+6.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.14m NOK → 1.06m NOK. Reported fact