Org.nr 976 542 363 2004 → 2005 Year-over-year analysis

A J STANGELAND EIENDOM AS: årsregnskap 2005 vs 2004

Grew 15% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for A J STANGELAND EIENDOM AS. Revenue 1.23m NOK → 1.41m NOK (+15.4%). Net result +714.5k NOK → +623.9k NOK. Equity 604.2k NOK → 128.1k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.

Scorecard

Revenue
1.23m NOK 1.41m NOK
+15.4%
Operating result
+8 696 NOK +1.10m NOK
+12567.0%
Net result
+714.5k NOK +623.9k NOK
-12.7%
Equity
604.2k NOK 128.1k NOK
-78.8%
Total assets
6.04m NOK 10.32m NOK
+70.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.23m NOK to 1.41m NOK (+15.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 696 NOK → +1.10m NOK (op. margin 0.7% → 77.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +714.5k NOK → +623.9k NOK (net margin 58.3% → 44.1%). Calculated

  • ↓

    Equity eroded

    Book equity 604.2k NOK → 128.1k NOK (equity ratio 10.0% → 1.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.10m NOK. Reported fact