Org.nr 921 313 721 2004 → 2005 Year-over-year analysis

A/S MERKURGÅRDEN: årsregnskap 2005 vs 2004

Shrank 10% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A/S MERKURGÅRDEN. Revenue 9.30m NOK → 8.36m NOK (-10.2%). Equity 4.76m NOK → 4.45m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S MERKURGÅRDEN.

At a glance

Revenue

9.30m NOK 8.36m NOK

-10.2%

Operating result

+2.78m NOK +3.22m NOK

+15.9%

Equity

4.76m NOK 4.45m NOK

-6.4%

Total assets

17.07m NOK 17.90m NOK

+4.9%

↑
Operating result improved

Operating result +2.78m NOK → +3.22m NOK (op. margin 29.9% → 38.6%). Calculated
↑
Payroll decreased

Salary cost 2.71m NOK → 2 005 NOK (29% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.30m NOK to 8.36m NOK (-10.2% YoY). Calculated
↓
Equity eroded

Book equity 4.76m NOK → 4.45m NOK (equity ratio 27.9% → 24.9%). Calculated

·
Book investments changed

Investment / intangible book value 8.96m NOK → 9.43m NOK. Reported fact