FirmaIQ
Org.nr 933 897 206 2004 → 2005 Year-over-year analysis

A ULVESETH AS: årsregnskap 2005 vs 2004

Shrank 6% on revenue, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for A ULVESETH AS. Revenue 2.60m NOK → 2.44m NOK (-6.4%). Equity 5.43m NOK → 5.66m NOK.

On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A ULVESETH AS.

At a glance

Scorecard

Revenue
2.60m NOK 2.44m NOK
-6.4%
Operating result
+765.4k NOK +345.5k NOK
-54.9%
Equity
5.43m NOK 5.66m NOK
+4.4%
Total assets
10.52m NOK 20.77m NOK
+97.4%

What improved

  • ↑

    Equity strengthened

    Book equity 5.43m NOK → 5.66m NOK (equity ratio 51.6% → 27.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 616 NOK → 1.62m NOK (+1.62m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 5.27m NOK → 1.54m NOK (203% → 63% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.60m NOK to 2.44m NOK (-6.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +765.4k NOK → +345.5k NOK (op. margin 29.4% → 14.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -487.4k NOK → 0 NOK (+100.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 59.0k NOK → 73.2k NOK. Reported fact