FirmaIQ
Org.nr 946 744 786 2004 → 2005 Year-over-year analysis

A/S Naufgården: årsregnskap 2005 vs 2004

Shrank 21% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A/S Naufgården. Revenue 600.4k NOK → 473.6k NOK (-21.1%). Net result +160.4k NOK → +156.9k NOK. Equity 1.78m NOK → 336.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for A/S Naufgården.

At a glance

Scorecard

Revenue
600.4k NOK 473.6k NOK
-21.1%
Operating result
+244.2k NOK +505 NOK
-99.8%
Net result
+160.4k NOK +156.9k NOK
-2.2%
Equity
1.78m NOK 336.7k NOK
-81.1%
Cash
404.6k NOK 55.1k NOK
-86.4%
Total assets
4.54m NOK 4.15m NOK
-8.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 600.4k NOK to 473.6k NOK (-21.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +244.2k NOK → +505 NOK (op. margin 40.7% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.78m NOK → 336.7k NOK (equity ratio 39.2% → 8.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 404.6k NOK → 55.1k NOK (-86.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.77m NOK → 174.6k NOK — check capital reduction, conversion, or reclassification. Interpretation