ABC TRAFIKKSKOLE AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABC TRAFIKKSKOLE AS. Revenue 2.59m NOK → 2.54m NOK (-2.1%). Equity 201.9k NOK → 153.0k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.59m NOK
2.54m NOK
-2.1%
Operating result
+662.4k NOK
+777.9k NOK
+17.4%
Net result
+404.7k NOK
n/m
—
Equity
201.9k NOK
153.0k NOK
-24.2%
Total assets
1.98m NOK
1.46m NOK
-26.0%
What improved
-
↑
Operating result improved
Operating result +662.4k NOK → +777.9k NOK (op. margin 25.5% → 30.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.59m NOK to 2.54m NOK (-2.1% YoY). Calculated
-
↓
Equity eroded
Book equity 201.9k NOK → 153.0k NOK (equity ratio 10.2% → 10.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.05m NOK → 2.93m NOK (41% → 115% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 56.0k NOK → 63.6k NOK (+13.6% YoY). Calculated