ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2005 vs 2004
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 484.4k NOK → 471.5k NOK (-2.7%). Net result +108.8k NOK → -49.3k NOK. Equity 121.3k NOK → 75.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
484.4k NOK
471.5k NOK
-2.7%
Operating result
+158.2k NOK
-64.1k NOK
-140.5%
Net result
+108.8k NOK
-49.3k NOK
-145.3%
Equity
121.3k NOK
75.0k NOK
-38.2%
Total assets
268.3k NOK
323.2k NOK
+20.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 484.4k NOK to 471.5k NOK (-2.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +158.2k NOK → -64.1k NOK (op. margin 32.7% → -13.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 108.8k NOK profit to a loss of 49.3k NOK. Calculated
-
↓
Equity eroded
Book equity 121.3k NOK → 75.0k NOK (equity ratio 45.2% → 23.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3 NOK → 3.31m NOK (0% → 701% of revenue). Calculated