AGNES COLE AS: årsregnskap 2005 vs 2004
Grew 7% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGNES COLE AS. Revenue 403.9k NOK → 433.8k NOK (+7.4%). Net result 0 NOK → -3 006 NOK. Equity 86.0k NOK → 83.0k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 403.9k NOK to 433.8k NOK (+7.4% YoY). Calculated
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↑
Operating result improved
Operating result -15.3k NOK → -1 580 NOK (op. margin -3.8% → -0.4%). Calculated
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Payroll decreased
Salary cost 354.4k NOK → 314.9k NOK (88% → 73% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 3 006 NOK. Calculated
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↓
Equity eroded
Book equity 86.0k NOK → 83.0k NOK (equity ratio 52.3% → 46.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.94× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated