AGNEFESTVEIEN 4 AS: årsregnskap 2005 vs 2004
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGNEFESTVEIEN 4 AS. Revenue 722.3k NOK → 712.3k NOK (-1.4%). Net result +201.2k NOK → +121.0k NOK. Equity 100.4k NOK → 221.4k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 100.4k NOK → 221.4k NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.91× → 2.54×. Calculated
-
↑
Payroll decreased
Salary cost 87.0k NOK → 57.1k NOK (12% → 8% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 722.3k NOK to 712.3k NOK (-1.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +340.4k NOK → +214.7k NOK (op. margin 47.1% → 30.1%). Calculated
-
↓
Net result weakened
Net result +201.2k NOK → +121.0k NOK (net margin 27.9% → 17.0%). Calculated