ACCOUNTNET INVEST AS: årsregnskap 2005 vs 2004
Shrank 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACCOUNTNET INVEST AS. Revenue 90.1k NOK → 83.8k NOK (-7.0%). Net result +64.9k NOK → +19.8k NOK. Equity 363.2k NOK → 383.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 363.2k NOK → 383.0k NOK (equity ratio 56.1% → 80.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 90.1k NOK to 83.8k NOK (-7.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +97.2k NOK → +28.4k NOK (op. margin 107.8% → 33.8%). Calculated
-
↓
Net result weakened
Net result +64.9k NOK → +19.8k NOK (net margin 72.0% → 23.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.21× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated