A2G VIDERE AS: årsregnskap 2005 vs 2004
Shrank 28% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for A2G VIDERE AS. Revenue 10.25m NOK → 7.41m NOK (-27.7%). Net result +739.3k NOK → +311.2k NOK. Equity 502.0k NOK → 513.1k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A2G VIDERE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +72.0k NOK → +490.7k NOK (op. margin 0.7% → 6.6%). Calculated
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↑
Equity strengthened
Book equity 502.0k NOK → 513.1k NOK (equity ratio 10.2% → 10.8%). Calculated
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↑
Payroll decreased
Salary cost 3.19m NOK → 2.97m NOK (31% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.25m NOK to 7.41m NOK (-27.7% YoY). Calculated
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↓
Net result weakened
Net result +739.3k NOK → +311.2k NOK (net margin 7.2% → 4.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.29m NOK → 2.58m NOK (-39.9% YoY). Calculated