ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2005 vs 2004
Shrank 23% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACCENDO PRODUKTUTVIKLING AS. Revenue 2.10m NOK → 1.63m NOK (-22.6%). Equity 142.0k NOK → 286.0k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCENDO PRODUKTUTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 142.0k NOK → 286.0k NOK (equity ratio 22.2% → 52.1%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.99× → 1.68×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 100.7k NOK → 300.7k NOK (+200.0k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.10m NOK to 1.63m NOK (-22.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +191.2k NOK → -81.0k NOK (op. margin 9.1% → -5.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 778.2k NOK → 858.7k NOK (37% → 53% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 499.0k NOK → 169.1k NOK (-66.1% YoY). Calculated