ADDBRAND NORWAY AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADDBRAND NORWAY AS. Revenue 130.21m NOK → 127.95m NOK (-1.7%). Equity 35.92m NOK → 28.35m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 130.21m NOK to 127.95m NOK (-1.7% YoY). Calculated
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↓
Operating result weakened
Operating result +8.02m NOK → +5.98m NOK (op. margin 6.2% → 4.7%). Calculated
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↓
Equity eroded
Book equity 35.92m NOK → 28.35m NOK (equity ratio 53.0% → 36.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 34.42m NOK → 23.51m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 59.24m NOK → 55.32m NOK (-6.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.80m NOK → 16.30m NOK. Reported fact