ABC-COMPANY E-SKUVLA AS: årsregnskap 2005 vs 2004
Grew 27% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABC-COMPANY E-SKUVLA AS. Revenue 2.34m NOK → 2.98m NOK (+27.3%). Net result -457.4k NOK → +18.7k NOK. Equity 240.0k NOK → 221.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.34m NOK to 2.98m NOK (+27.3% YoY). Calculated
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Operating result improved
Operating result -337.1k NOK → +5 236 NOK (op. margin -14.4% → 0.2%). Calculated
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Turned profitable
Net result flipped from a loss of 457.4k NOK to a profit of 18.7k NOK. Calculated
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Current ratio back above 1×
Current ratio 0.72× → 26.34×. Calculated
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Owners injected capital
Paid-in equity rose 610 NOK → 610.0k NOK (+609.4k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 240.0k NOK → 221.2k NOK (equity ratio 16.9% → 16.0%). Calculated
Things to notice
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Payroll increased
Salary cost 1.09m NOK → 1.76m NOK (47% → 59% of revenue). Calculated
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COGS fell
COGS / varekostnad 396.4k NOK → 345.9k NOK (-12.7% YoY). Calculated