A-Å GRAFISK DESIGN & REKLAME AS: årsregnskap 2005 vs 2004
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A-Å GRAFISK DESIGN & REKLAME AS. Revenue 3.28m NOK → 3.15m NOK (-3.9%). Net result +534.8k NOK → +231.3k NOK. Equity 194.7k NOK → 145.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-Å GRAFISK DESIGN & REKLAME AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.28m NOK to 3.15m NOK (-3.9% YoY). Calculated
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↓
Operating result weakened
Operating result +963.4k NOK → +349.1k NOK (op. margin 29.4% → 11.1%). Calculated
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↓
Net result weakened
Net result +534.8k NOK → +231.3k NOK (net margin 16.3% → 7.3%). Calculated
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↓
Equity eroded
Book equity 194.7k NOK → 145.9k NOK (equity ratio 11.1% → 10.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 250.0k NOK → 182.6k NOK (-26.9% YoY). Calculated