A L Høyer Askim AS: årsregnskap 2005 vs 2004
Shrank 31% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A L Høyer Askim AS. Revenue 5.21m NOK → 3.60m NOK (-30.9%). Equity 254.6k NOK → 241.6k NOK.
On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Owners injected capital
Paid-in equity rose 250 NOK → 250.0k NOK (+249.8k NOK). Reported fact
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Payroll decreased
Salary cost 3.64m NOK → 2.65m NOK (70% → 74% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.21m NOK to 3.60m NOK (-30.9% YoY). Calculated
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Operating result weakened
Operating result +584.3k NOK → +21.0k NOK (op. margin 11.2% → 0.6%). Calculated
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↓
Equity eroded
Book equity 254.6k NOK → 241.6k NOK (equity ratio 14.1% → 19.3%). Calculated
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COGS moved
COGS / varekostnad 29.3k NOK → 107.2k NOK (+266.5% YoY). Calculated