AEGIR HAVBRUK AS: årsregnskap 2005 vs 2004
Shrank 37% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AEGIR HAVBRUK AS. Revenue 295.0k NOK → 186.6k NOK (-36.7%). Net result -9 395 NOK → -46.9k NOK. Equity 116.8k NOK → 169.9k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AEGIR HAVBRUK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 116.8k NOK → 169.9k NOK (equity ratio 47.9% → 69.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 295.0k NOK to 186.6k NOK (-36.7% YoY). Calculated
-
↓
Operating result weakened
Operating result -9 616 NOK → -47.3k NOK (op. margin -3.3% → -25.3%). Calculated
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↓
Net result weakened
Net result -9 395 NOK → -46.9k NOK (net margin -3.2% → -25.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation