ACCURO CONSULTING AS: årsregnskap 2005 vs 2004
Shrank 71% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACCURO CONSULTING AS. Revenue 504.4k NOK → 144.9k NOK (-71.3%). Net result -766 NOK → +21.3k NOK. Equity 101.4k NOK → 122.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCURO CONSULTING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +640 NOK → +30.1k NOK (op. margin 0.1% → 20.8%). Calculated
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Turned profitable
Net result flipped from a loss of 766 NOK to a profit of 21.3k NOK. Calculated
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Equity strengthened
Book equity 101.4k NOK → 122.8k NOK (equity ratio 21.3% → 21.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 504.4k NOK to 144.9k NOK (-71.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 504.4k NOK → 706.7k NOK (100% → 488% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 111.9k NOK → 172.9k NOK. Reported fact