FirmaIQ
Org.nr 946 468 037 2004 → 2005 Year-over-year analysis

A-K MASKINER AS: årsregnskap 2005 vs 2004

Stronger earnings, cash halved-plus, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A-K MASKINER AS. Revenue 861.13m NOK → 859.64m NOK (-0.2%). Net result +14 NOK → +5.66m NOK. Equity 142.36m NOK → 155.57m NOK.

On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A-K MASKINER AS.

At a glance

Scorecard

Revenue
861.13m NOK 859.64m NOK
-0.2%
Operating result
+30.67m NOK +15.30m NOK
-50.1%
Net result
+14 NOK +5.66m NOK
+40421542.9%
Equity
142.36m NOK 155.57m NOK
+9.3%
Cash
3.98m NOK 1.03m NOK
-74.2%
Total assets
464.61m NOK 483.66m NOK
+4.1%

What improved

  • ↑

    Net result improved

    Net result +14 NOK → +5.66m NOK (net margin 0.0% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 142.36m NOK → 155.57m NOK (equity ratio 30.6% → 32.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 9.94m NOK → 17.49m NOK (+7.55m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 861.13m NOK to 859.64m NOK (-0.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +30.67m NOK → +15.30m NOK (op. margin 3.6% → 1.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.98m NOK → 1.03m NOK (-74.2% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 653.40m NOK → 657.00m NOK (+0.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.98m NOK → 1.03m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation