A/S Eiendomsutvikling: årsregnskap 2005 vs 2004
Shrank 20% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A/S Eiendomsutvikling. Revenue 5.46m NOK → 4.38m NOK (-19.8%). Net result +59.38m NOK → +16.35m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
5.46m NOK
4.38m NOK
-19.8%
Operating result
+63.28m NOK
+3.72m NOK
-94.1%
Net result
+59.38m NOK
+16.35m NOK
-72.5%
Cash
319.7k NOK
10.98m NOK
+3333.2%
Total assets
131.85m NOK
89.82m NOK
-31.9%
What improved
-
↑
Cash rose
Bank deposits 319.7k NOK → 10.98m NOK (+3333.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.66× → 34.51×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.46m NOK to 4.38m NOK (-19.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +63.28m NOK → +3.72m NOK (op. margin 1159.2% → 85.0%). Calculated
-
↓
Net result weakened
Net result +59.38m NOK → +16.35m NOK (net margin 1087.7% → 373.5%). Calculated