ADDENDA CONSULT AS: årsregnskap 2005 vs 2004
Grew 99081% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADDENDA CONSULT AS. Revenue 1 048 NOK → 1.04m NOK (+99081.2%). Net result +104.5k NOK → +25.2k NOK. Equity 200.8k NOK → 81.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 048 NOK to 1.04m NOK (+99081.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +115.8k NOK → +22.6k NOK (op. margin 11050.2% → 2.2%). Calculated
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↓
Net result weakened
Net result +104.5k NOK → +25.2k NOK (net margin 9968.4% → 2.4%). Calculated
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↓
Equity eroded
Book equity 200.8k NOK → 81.2k NOK (equity ratio 35.7% → 13.1%). Calculated
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↓
Cash fell
Bank deposits 250.0k NOK → 139.6k NOK (-44.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 675.6k NOK → 682.6k NOK (64468% → 66% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 11.3k NOK → 5 891 NOK. Reported fact