A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2005 vs 2004
Shrank 23% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 963.3k NOK → 746.5k NOK (-22.5%). Equity 409.0k NOK → 415.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A PEDERSEN KYSTFISKEBÅT AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 409.0k NOK → 415.5k NOK (equity ratio 16.3% → 16.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 963.3k NOK to 746.5k NOK (-22.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +488.1k NOK → +95.4k NOK (op. margin 50.7% → 12.8%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 175.0k NOK → 205.2k NOK (18% → 27% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 10.2k NOK → 188.3k NOK (+1747.2% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 179.9k NOK → 150.1k NOK. Reported fact