AGILE EXECUTIVE SEARCH AS: årsregnskap 2005 vs 2004
Grew 26% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGILE EXECUTIVE SEARCH AS. Revenue 1.64m NOK → 2.06m NOK (+26.0%). Net result +926.0k NOK → +727.1k NOK. Equity 100.1k NOK → 827.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGILE EXECUTIVE SEARCH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.64m NOK to 2.06m NOK (+26.0% YoY). Calculated
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↑
Equity strengthened
Book equity 100.1k NOK → 827.3k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.14m NOK → +1.08m NOK (op. margin 69.8% → 52.3%). Calculated
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↓
Net result weakened
Net result +926.0k NOK → +727.1k NOK (net margin 56.5% → 35.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 004 NOK → 2.50m NOK (0% → 121% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 81.4k NOK → 61.2k NOK (-24.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.15m NOK → 247.5k NOK. Reported fact