FirmaIQ
Org.nr 986 897 399 2004 → 2005 Year-over-year analysis

3T BYÅSEN AS: årsregnskap 2005 vs 2004

Grew 433% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for 3T BYÅSEN AS. Revenue 1.44m NOK → 7.69m NOK (+432.7%). Net result -723.2k NOK → +941.2k NOK. Equity 6.13m NOK → 1.07m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3T BYÅSEN AS.

At a glance

Scorecard

Revenue
1.44m NOK 7.69m NOK
+432.7%
Operating result
-1.01m NOK +1.34m NOK
+232.8%
Net result
-723.2k NOK +941.2k NOK
+230.1%
Equity
6.13m NOK 1.07m NOK
-82.5%
Total assets
1.90m NOK 2.85m NOK
+50.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.44m NOK to 7.69m NOK (+432.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.01m NOK → +1.34m NOK (op. margin -69.7% → 17.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 723.2k NOK to a profit of 941.2k NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.97× → 1.45×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.13m NOK → 1.07m NOK (equity ratio 323.3% → 37.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.00m NOK → 2.29m NOK (70% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 45.6k NOK → 204.3k NOK (+347.8% YoY). Calculated