AC-SUNCARE INSTITUTE AS: årsregnskap 2005 vs 2004
Shrank 46% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AC-SUNCARE INSTITUTE AS. Revenue 188.2k NOK → 101.8k NOK (-45.9%). Net result +132.8k NOK → +103.0k NOK. Equity 624.5k NOK → 450.4k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AC-SUNCARE INSTITUTE AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 800 NOK → 800.0k NOK (+799.2k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 188.2k NOK to 101.8k NOK (-45.9% YoY). Calculated
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↓
Operating result weakened
Operating result +184.4k NOK → +103.0k NOK (op. margin 98.0% → 101.2%). Calculated
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↓
Net result weakened
Net result +132.8k NOK → +103.0k NOK (net margin 70.5% → 101.2%). Calculated
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↓
Equity eroded
Book equity 624.5k NOK → 450.4k NOK (equity ratio 97.3% → 96.4%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.11m NOK → 49.1k NOK (-95.6% YoY). Calculated