Org.nr 966 000 155 2004 → 2005 Year-over-year analysis

ACCEPT SERVICE PARTNER AS: årsregnskap 2005 vs 2004

Grew 73% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for ACCEPT SERVICE PARTNER AS. Revenue 4.36m NOK → 7.56m NOK (+73.3%). Net result +4 361 NOK → +304.7k NOK. Equity 84.4k NOK → 389.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ACCEPT SERVICE PARTNER AS.

Scorecard

Revenue
4.36m NOK 7.56m NOK
+73.3%
Operating result
+3 232 NOK +376.7k NOK
+11555.4%
Net result
+4 361 NOK +304.7k NOK
+6886.1%
Equity
84.4k NOK 389.1k NOK
+360.8%
Cash
808.3k NOK n/m
—
Total assets
590.5k NOK 1.72m NOK
+191.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.36m NOK to 7.56m NOK (+73.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3 232 NOK → +376.7k NOK (op. margin 0.1% → 5.0%). Calculated

  • ↑

    Net result improved

    Net result +4 361 NOK → +304.7k NOK (net margin 0.1% → 4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 84.4k NOK → 389.1k NOK (equity ratio 14.3% → 22.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 1.23×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 NOK → 4.18m NOK (0% → 55% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 617.3k NOK → 432.6k NOK (-29.9% YoY). Calculated