A-BYGG AS: årsregnskap 2005 vs 2004
Shrank 62% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A-BYGG AS. Revenue 2.16m NOK → 828.8k NOK (-61.6%). Net result +338.6k NOK → +84.6k NOK. Equity 125.0k NOK → 180.3k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 125.0k NOK → 180.3k NOK (equity ratio 12.5% → 38.9%). Calculated
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↑
Payroll decreased
Salary cost 485.4k NOK → 373.9k NOK (23% → 45% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.16m NOK to 828.8k NOK (-61.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +392.7k NOK → +120.9k NOK (op. margin 18.2% → 14.6%). Calculated
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↓
Net result weakened
Net result +338.6k NOK → +84.6k NOK (net margin 15.7% → 10.2%). Calculated
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↓
Cash fell
Bank deposits 760.0k NOK → 262.4k NOK (-65.5% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 46.2k NOK → 120.0k NOK (+159.9% YoY). Calculated