ACTIUM AS: årsregnskap 2005 vs 2004
Grew 53% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ACTIUM AS. Revenue 573.1k NOK → 876.5k NOK (+52.9%). Net result +103.0k NOK → +35.0k NOK. Equity 100.1k NOK → 1.14m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACTIUM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 573.1k NOK to 876.5k NOK (+52.9% YoY). Calculated
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↑
Operating result improved
Operating result +214.1k NOK → +429.1k NOK (op. margin 37.4% → 49.0%). Calculated
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↑
Equity strengthened
Book equity 100.1k NOK → 1.14m NOK (equity ratio 18.4% → 66.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +103.0k NOK → +35.0k NOK (net margin 18.0% → 4.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 327.5k NOK (0% → 37% of revenue). Calculated