Org.nr 960 813 103 2004 → 2005 Year-over-year analysis

ACCOUNTNET INVEST AS: årsregnskap 2005 vs 2004

Shrank 7% on revenue, weaker earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
90.1k NOK 83.8k NOK
-7.0%
Operating result
+97.2k NOK +28.4k NOK
-70.8%
Net result
+64.9k NOK +19.8k NOK
-69.5%
Equity
363.2k NOK 383.0k NOK
+5.5%
Cash
165.4k NOK n/m
—
Total assets
647.8k NOK 477.8k NOK
-26.2%

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