A PEDERSEN & SØNN AS: årsregnskap 2005 vs 2004
Grew 23% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A PEDERSEN & SØNN AS. Revenue 7.34m NOK → 8.99m NOK (+22.5%). Equity 576.1k NOK → 221.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A PEDERSEN & SØNN AS.
At a glance
Scorecard
Revenue
7.34m NOK
8.99m NOK
+22.5%
Operating result
+649.4k NOK
n/m
—
Net result
+480.5k NOK
n/m
—
Equity
576.1k NOK
221.6k NOK
-61.5%
Total assets
5.69m NOK
6.16m NOK
+8.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.34m NOK to 8.99m NOK (+22.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 576.1k NOK → 221.6k NOK (equity ratio 10.1% → 3.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation