FirmaIQ
Org.nr 885 856 772 2004 → 2005 Year-over-year analysis

AH NOER AS: årsregnskap 2005 vs 2004

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AH NOER AS. Revenue 651.7k NOK → 673.0k NOK (+3.3%). Net result +46.1k NOK → +25.6k NOK. Equity 100.4k NOK → 64.8k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
651.7k NOK 673.0k NOK
+3.3%
Operating result
+86.6k NOK +18.5k NOK
-78.7%
Net result
+46.1k NOK +25.6k NOK
-44.4%
Equity
100.4k NOK 64.8k NOK
-35.5%
Total assets
315.8k NOK 318.8k NOK
+0.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 651.7k NOK to 673.0k NOK (+3.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 477.0k NOK → 434.5k NOK (73% → 65% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +86.6k NOK → +18.5k NOK (op. margin 13.3% → 2.7%). Calculated

  • ↓

    Net result weakened

    Net result +46.1k NOK → +25.6k NOK (net margin 7.1% → 3.8%). Calculated

  • ↓

    Equity eroded

    Book equity 100.4k NOK → 64.8k NOK (equity ratio 31.8% → 20.3%). Calculated