FirmaIQ
Org.nr 967 902 411 2004 → 2005 Year-over-year analysis

AH EIGEDOM AS: årsregnskap 2005 vs 2004

Shrank 6% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AH EIGEDOM AS. Revenue 1.51m NOK → 1.42m NOK (-5.8%). Net result +155.2k NOK → +196.1k NOK. Equity 486.1k NOK → 292.2k NOK.

On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AH EIGEDOM AS.

At a glance

Scorecard

Revenue
1.51m NOK 1.42m NOK
-5.8%
Operating result
+276.9k NOK +200.8k NOK
-27.5%
Net result
+155.2k NOK +196.1k NOK
+26.3%
Equity
486.1k NOK 292.2k NOK
-39.9%

What improved

  • ↑

    Net result improved

    Net result +155.2k NOK → +196.1k NOK (net margin 10.3% → 13.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.88m NOK → 862.9k NOK (124% → 61% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.51m NOK to 1.42m NOK (-5.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +276.9k NOK → +200.8k NOK (op. margin 18.3% → 14.1%). Calculated

  • ↓

    Equity eroded

    Book equity 486.1k NOK → 292.2k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.57× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.2k NOK → 2 430 NOK (-88.5% YoY). Calculated