A/S Even Cudrio: årsregnskap 2005 vs 2004
Grew 27% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A/S Even Cudrio. Revenue 11.28m NOK → 14.28m NOK (+26.6%). Net result +446.7k NOK → +777.5k NOK. Equity 444.6k NOK → 542.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Even Cudrio.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 11.28m NOK to 14.28m NOK (+26.6% YoY). Calculated
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Operating result improved
Operating result +745.1k NOK → +1.05m NOK (op. margin 6.6% → 7.4%). Calculated
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Net result improved
Net result +446.7k NOK → +777.5k NOK (net margin 4.0% → 5.4%). Calculated
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Equity strengthened
Book equity 444.6k NOK → 542.2k NOK (equity ratio 10.7% → 10.0%). Calculated
Things to notice
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Payroll increased
Salary cost 4.39m NOK → 4.50m NOK (39% → 31% of revenue). Calculated
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COGS moved
COGS / varekostnad 4.10m NOK → 5.95m NOK (+45.2% YoY). Calculated