79 DEGREES SOUTH AS: årsregnskap 2005 vs 2004
Grew 143% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for 79 DEGREES SOUTH AS. Revenue 121.2k NOK → 295.2k NOK (+143.4%). Net result +19.0k NOK → +130.6k NOK. Equity 120.0k NOK → 250.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 121.2k NOK to 295.2k NOK (+143.4% YoY). Calculated
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Operating result improved
Operating result +29.1k NOK → +187.8k NOK (op. margin 24.0% → 63.6%). Calculated
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Net result improved
Net result +19.0k NOK → +130.6k NOK (net margin 15.6% → 44.2%). Calculated
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Equity strengthened
Book equity 120.0k NOK → 250.5k NOK (equity ratio 65.1% → 31.0%). Calculated
Things to notice
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Payroll increased
Salary cost 2 004 NOK → 1.34m NOK (2% → 453% of revenue). Calculated