ACORN VANNRENS AS: årsregnskap 2005 vs 2004
Shrank 89% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACORN VANNRENS AS. Revenue 519.9k NOK → 59.3k NOK (-88.6%). Net result +81.3k NOK → -22.7k NOK. Equity 100.0k NOK → 77.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACORN VANNRENS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 519.9k NOK to 59.3k NOK (-88.6% YoY). Calculated
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↓
Operating result weakened
Operating result +104.0k NOK → +16.0k NOK (op. margin 20.0% → 27.0%). Calculated
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Fell into a net loss
Net result flipped from 81.3k NOK profit to a loss of 22.7k NOK. Calculated
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↓
Equity eroded
Book equity 100.0k NOK → 77.3k NOK (equity ratio 32.3% → 37.9%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 268.6k NOK → 2 647 NOK (-99.0% YoY). Calculated