Org.nr 812 676 342 2004 → 2005 Year-over-year analysis

A HILLING AS: årsregnskap 2005 vs 2004

Shrank 14% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A HILLING AS. Revenue 32.02m NOK → 27.46m NOK (-14.3%). Equity 3.68m NOK → 2.42m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A HILLING AS.

At a glance

Revenue

32.02m NOK 27.46m NOK

-14.3%

Operating result

+1.15m NOK +168.4k NOK

-85.4%

Equity

3.68m NOK 2.42m NOK

-34.3%

Total assets

9.04m NOK 9.53m NOK

+5.4%

↑
Payroll decreased

Salary cost 5.84m NOK → 3.55m NOK (18% → 13% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 32.02m NOK to 27.46m NOK (-14.3% YoY). Calculated
↓
Operating result weakened

Operating result +1.15m NOK → +168.4k NOK (op. margin 3.6% → 0.6%). Calculated
↓
Equity eroded

Book equity 3.68m NOK → 2.42m NOK (equity ratio 40.7% → 25.4%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 250.0k NOK → 160.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 21.82m NOK → 21.34m NOK (-2.2% YoY). Calculated