AGORA AS: årsregnskap 2005 vs 2004
Shrank 84% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGORA AS. Revenue 4.71m NOK → 754.0k NOK (-84.0%). Equity -353.5k NOK → 231.7k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -907.4k NOK → -210.2k NOK (op. margin -19.3% → -27.9%). Calculated
-
↑
Equity strengthened
Book equity -353.5k NOK → 231.7k NOK (equity ratio -44.6% → 69.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.71m NOK to 754.0k NOK (-84.0% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.96m NOK → 3.40m NOK (42% → 451% of revenue). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 508.5k NOK → 300.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 1.04m NOK → 239.5k NOK (-77.0% YoY). Calculated