FirmaIQ
Org.nr 936 306 128 2004 → 2005 Year-over-year analysis

A/S Danvikgaten 20: årsregnskap 2005 vs 2004

Grew 14% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A/S Danvikgaten 20. Revenue 304.4k NOK → 347.0k NOK (+14.0%). Net result -1.04m NOK → -369.9k NOK. Equity -535.3k NOK → -905.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Danvikgaten 20.

At a glance

Scorecard

Revenue
304.4k NOK 347.0k NOK
+14.0%
Operating result
-691.2k NOK -15.8k NOK
+97.7%
Net result
-1.04m NOK -369.9k NOK
+64.3%
Equity
-535.3k NOK -905.2k NOK
-69.1%
Total assets
n/m 6.23m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 304.4k NOK to 347.0k NOK (+14.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -691.2k NOK → -15.8k NOK (op. margin -227.1% → -4.5%). Calculated

  • ↑

    Net result improved

    Net result -1.04m NOK → -369.9k NOK (net margin -340.6% → -106.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.41m NOK → 5.22m NOK (1778% → 1505% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -535.3k NOK → -905.2k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -14.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation