FirmaIQ
Org.nr 932 056 674 2004 → 2005 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2005 vs 2004

Shrank 23% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A. LANGKAAS & SØNN AS. Revenue 5.75m NOK → 4.43m NOK (-22.9%). Net result +774.2k NOK → +806.8k NOK. Equity 6.48m NOK → 286.4k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. LANGKAAS & SØNN AS.

At a glance

Scorecard

Revenue
5.75m NOK 4.43m NOK
-22.9%
Operating result
+971.4k NOK +35.2k NOK
-96.4%
Net result
+774.2k NOK +806.8k NOK
+4.2%
Equity
6.48m NOK 286.4k NOK
-95.6%
Cash
2.87m NOK n/m
—
Total assets
4.79m NOK 4.30m NOK
-10.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.75m NOK to 4.43m NOK (-22.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +971.4k NOK → +35.2k NOK (op. margin 16.9% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 6.48m NOK → 286.4k NOK (equity ratio 135.4% → 6.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 2.26m NOK (0% → 51% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation