AGS IT-PARTNER AS: årsregnskap 2005 vs 2004
Grew 17% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AGS IT-PARTNER AS. Revenue 24.88m NOK → 29.05m NOK (+16.7%). Equity 1.50m NOK → 1.22m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.88m NOK to 29.05m NOK (+16.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +315.2k NOK → +1 027 NOK (op. margin 1.3% → 0.0%). Calculated
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↓
Equity eroded
Book equity 1.50m NOK → 1.22m NOK (equity ratio 32.5% → 21.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.24m NOK → 6.80m NOK (21% → 23% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 17.11m NOK → 18.82m NOK (+10.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 494.8k NOK → 31.7k NOK. Reported fact