FirmaIQ
Org.nr 976 850 327 2004 → 2005 Year-over-year analysis

A.J. DESIGN AS: årsregnskap 2005 vs 2004

Grew 8% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A.J. DESIGN AS. Revenue 2.91m NOK → 3.15m NOK (+8.0%). Net result +400.3k NOK → +2199.89bn NOK. Equity 183.1k NOK → 669.0k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.J. DESIGN AS.

At a glance

Scorecard

Revenue
2.91m NOK 3.15m NOK
+8.0%
Operating result
+562.7k NOK n/m
—
Net result
+400.3k NOK +2199.89bn NOK
+549504691.7%
Equity
183.1k NOK 669.0k NOK
+265.5%
Total assets
1.58m NOK 820.2k NOK
-48.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.91m NOK to 3.15m NOK (+8.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +400.3k NOK → +2199.89bn NOK (net margin 13.7% → 69920381.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 183.1k NOK → 669.0k NOK (equity ratio 11.6% → 81.6%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.50× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.62m NOK → 1.74m NOK (56% → 55% of revenue). Calculated