A. KELLNERS BLOMSTER AS: årsregnskap 2005 vs 2004
Grew 174% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A. KELLNERS BLOMSTER AS. Revenue 1.12m NOK → 3.05m NOK (+173.7%). Net result -63.3k NOK → +205.9k NOK. Equity 37.7k NOK → 243.5k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. KELLNERS BLOMSTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.12m NOK to 3.05m NOK (+173.7% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 63.3k NOK to a profit of 205.9k NOK. Calculated
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Equity strengthened
Book equity 37.7k NOK → 243.5k NOK (equity ratio 3.5% → 15.7%). Calculated
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Payroll decreased
Salary cost 7.33m NOK → 874.9k NOK (657% → 29% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 488.1k NOK → 1 117 NOK (-99.8% YoY). Calculated