ACRYLICON NORGE AS: årsregnskap 2005 vs 2004
Shrank 16% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACRYLICON NORGE AS. Revenue 27.99m NOK → 23.45m NOK (-16.2%). Net result +20 NOK → -47.1k NOK. Equity 3.28m NOK → 3.23m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.23m NOK → +658.6k NOK (op. margin -4.4% → 2.8%). Calculated
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Payroll decreased
Salary cost 4.83m NOK → 1 NOK (17% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 27.99m NOK to 23.45m NOK (-16.2% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 20 NOK profit to a loss of 47.1k NOK. Calculated
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↓
Equity eroded
Book equity 3.28m NOK → 3.23m NOK (equity ratio 18.4% → 20.7%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 590 NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 15.88m NOK → 13.68m NOK (-13.9% YoY). Calculated