A-CIRCLE AS: årsregnskap 2005 vs 2004
Shrank 62% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A-CIRCLE AS. Revenue 545.1k NOK → 205.6k NOK (-62.3%). Net result -58.6k NOK → +21.8k NOK. Equity 17.7k NOK → 39.5k NOK.
On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-CIRCLE AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 58.6k NOK to a profit of 21.8k NOK. Calculated
-
↑
Equity strengthened
Book equity 17.7k NOK → 39.5k NOK (equity ratio 7.9% → 22.8%). Calculated
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↑
Payroll decreased
Salary cost 186.8k NOK → 97.4k NOK (34% → 47% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 545.1k NOK to 205.6k NOK (-62.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 91.0k NOK → 80.0k NOK. Reported fact