FirmaIQ
Org.nr 959 643 350 2004 → 2005 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2005 vs 2004

Grew 23% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A TITLESTAD AS. Revenue 3.22m NOK → 3.96m NOK (+22.9%). Net result +140.6k NOK → +162.4k NOK. Equity 100.6k NOK → 263 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A TITLESTAD AS.

At a glance

Scorecard

Revenue
3.22m NOK 3.96m NOK
+22.9%
Operating result
+196.1k NOK +232.0k NOK
+18.3%
Net result
+140.6k NOK +162.4k NOK
+15.5%
Equity
100.6k NOK 263 NOK
-99.7%
Total assets
933.1k NOK 103.4k NOK
-88.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.22m NOK to 3.96m NOK (+22.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +196.1k NOK → +232.0k NOK (op. margin 6.1% → 5.9%). Calculated

  • ↑

    Net result improved

    Net result +140.6k NOK → +162.4k NOK (net margin 4.4% → 4.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 100.6k NOK → 263 NOK (equity ratio 10.8% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.41m NOK → 1.48m NOK (44% → 37% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.15m NOK → 1.70m NOK (+48.3% YoY). Calculated