A/S Kvikk: årsregnskap 2005 vs 2004
Grew 187% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A/S Kvikk. Revenue 110.4k NOK → 316.8k NOK (+186.9%). Equity 69.6k NOK → 59.3k NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Kvikk.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 110.4k NOK to 316.8k NOK (+186.9% YoY). Calculated
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↑
Operating result improved
Operating result +15.3k NOK → +127.8k NOK (op. margin 13.9% → 40.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.36× → 979.08×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 69.6k NOK → 59.3k NOK (equity ratio 3648.5% → 1919.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 004 NOK → 11.4k NOK (2% → 4% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 942.7k NOK (None YoY). Calculated