A. Vikhagen AS: årsregnskap 2005 vs 2004
Grew 9% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A. Vikhagen AS. Revenue 2.91m NOK → 3.17m NOK (+8.8%). Net result -119.9k NOK → +18.8k NOK. Equity 48.9k NOK → 67.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. Vikhagen AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.91m NOK to 3.17m NOK (+8.8% YoY). Calculated
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Operating result improved
Operating result -152.8k NOK → +39.5k NOK (op. margin -5.2% → 1.2%). Calculated
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Turned profitable
Net result flipped from a loss of 119.9k NOK to a profit of 18.8k NOK. Calculated
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Equity strengthened
Book equity 48.9k NOK → 67.7k NOK (equity ratio 4.1% → 6.2%). Calculated
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Current ratio back above 1×
Current ratio 0.00× → 1.12×. Calculated
Things to notice
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Payroll increased
Salary cost 8 NOK → 1.61m NOK (0% → 51% of revenue). Calculated
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COGS fell
COGS / varekostnad 1.32m NOK → 1.01m NOK (-23.8% YoY). Calculated