A JØRGENSEN AS: årsregnskap 2005 vs 2004
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A JØRGENSEN AS. Revenue 636.4k NOK → 668.2k NOK (+5.0%). Net result +220.3k NOK → +130.3k NOK. Equity 301.0k NOK → 431.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 636.4k NOK to 668.2k NOK (+5.0% YoY). Calculated
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↑
Equity strengthened
Book equity 301.0k NOK → 431.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +104.8k NOK → 0 NOK (op. margin 16.5% → 0.0%). Calculated
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↓
Net result weakened
Net result +220.3k NOK → +130.3k NOK (net margin 34.6% → 19.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 398.5k NOK → 407.8k NOK (63% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 398.5k NOK → 407.8k NOK (+2.3% YoY). Calculated