ADRIEN MANN AGENTURER AS: årsregnskap 2005 vs 2004
Grew 76% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADRIEN MANN AGENTURER AS. Revenue 2.96m NOK → 5.20m NOK (+75.6%). Equity 257.9k NOK → 218.3k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADRIEN MANN AGENTURER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.96m NOK to 5.20m NOK (+75.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.34× → 1.33×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 257.9k NOK → 218.3k NOK (equity ratio 18.0% → 9.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 9 NOK → 1.42m NOK (0% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 55.0k NOK → 759.5k NOK (+1279.6% YoY). Calculated