Org.nr 982 428 645 2004 → 2005 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2005 vs 2004

Grew 37% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for AB SNEKKERN AS. Revenue 4.70m NOK → 6.43m NOK (+36.8%). Equity 301.9k NOK → 474.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.

Scorecard

Revenue
4.70m NOK 6.43m NOK
+36.8%
Operating result
+250.3k NOK +1.76m NOK
+604.4%
Equity
301.9k NOK 474.0k NOK
+57.0%
Total assets
2.97m NOK 3.11m NOK
+4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.70m NOK to 6.43m NOK (+36.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +250.3k NOK → +1.76m NOK (op. margin 5.3% → 27.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 301.9k NOK → 474.0k NOK (equity ratio 10.2% → 15.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.82× → 1.43×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.49m NOK → 3.47m NOK (53% → 54% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 224.8k NOK → 377.6k NOK (+68.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 81.7k NOK → 92.7k NOK. Reported fact