A & B JERNVARE AS: årsregnskap 2005 vs 2004
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A & B JERNVARE AS. Revenue 4.44m NOK → 4.49m NOK (+0.9%). Net result +66.4k NOK → +122.9k NOK. Equity 163.8k NOK → 286.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A & B JERNVARE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.44m NOK to 4.49m NOK (+0.9% YoY). Calculated
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↑
Operating result improved
Operating result +156.0k NOK → +163.3k NOK (op. margin 3.5% → 3.6%). Calculated
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↑
Net result improved
Net result +66.4k NOK → +122.9k NOK (net margin 1.5% → 2.7%). Calculated
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↑
Equity strengthened
Book equity 163.8k NOK → 286.7k NOK (equity ratio 10.0% → 15.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 41.1k NOK → 38.6k NOK (-6.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 846.9k NOK → 863.0k NOK (19% → 19% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.93m NOK → 2.95m NOK (+0.7% YoY). Calculated