Org.nr 979 584 296 2004 → 2005 Year-over-year analysis

4KNITS AS: årsregnskap 2005 vs 2004

Grew 21% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for 4KNITS AS. Revenue 4.02m NOK → 4.87m NOK (+21.2%). Equity 138.3k NOK → 574.9k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 4KNITS AS.

At a glance

Revenue

4.02m NOK 4.87m NOK

+21.2%

Operating result

+855.9k NOK +642.4k NOK

-24.9%

Net result

+476.9k NOK n/m

—

Equity

138.3k NOK 574.9k NOK

+315.8%

Cash

388.7k NOK n/m

—

Total assets

259.4k NOK 1.77m NOK

+581.7%

↑
Revenue rose

Operating income / revenue moved from 4.02m NOK to 4.87m NOK (+21.2% YoY). Calculated
↑
Equity strengthened

Book equity 138.3k NOK → 574.9k NOK (equity ratio 53.3% → 32.5%). Calculated

↓
Operating result weakened

Operating result +855.9k NOK → +642.4k NOK (op. margin 21.3% → 13.2%). Calculated

·
Payroll increased

Salary cost 2 NOK → 2.31m NOK (0% → 47% of revenue). Calculated
·
COGS moved

COGS / varekostnad 1.34m NOK → 1.91m NOK (+42.3% YoY). Calculated