ACTICON AS: årsregnskap 2005 vs 2004
Grew 107% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACTICON AS. Revenue 319.9k NOK → 662.3k NOK (+107.1%). Net result +34.8k NOK → +80.9k NOK. Equity 96.8k NOK → 177.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTICON AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 319.9k NOK to 662.3k NOK (+107.1% YoY). Calculated
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Operating result improved
Operating result +48.3k NOK → +112.9k NOK (op. margin 15.1% → 17.0%). Calculated
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Net result improved
Net result +34.8k NOK → +80.9k NOK (net margin 10.9% → 12.2%). Calculated
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Equity strengthened
Book equity 96.8k NOK → 177.8k NOK (equity ratio 46.3% → 33.4%). Calculated
Things to notice
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Payroll increased
Salary cost 643 NOK → 65.5k NOK (0% → 10% of revenue). Calculated
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COGS moved
COGS / varekostnad 133.2k NOK → 239.4k NOK (+79.7% YoY). Calculated