FirmaIQ
Org.nr 941 173 020 2004 → 2005 Year-over-year analysis

AIC HOLDING AS: årsregnskap 2005 vs 2004

Shrank 53% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AIC HOLDING AS. Revenue 9.60m NOK → 4.49m NOK (-53.3%). Net result +31.3k NOK → +1.18m NOK. Equity 10.31m NOK → 3.48m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIC HOLDING AS.

At a glance

Scorecard

Revenue
9.60m NOK 4.49m NOK
-53.3%
Operating result
+1 374 NOK +1 243 NOK
-9.5%
Net result
+31.3k NOK +1.18m NOK
+3659.1%
Equity
10.31m NOK 3.48m NOK
-66.2%
Total assets
55.92m NOK 27.26m NOK
-51.3%

What improved

  • ↑

    Net result improved

    Net result +31.3k NOK → +1.18m NOK (net margin 0.3% → 26.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.28m NOK → 3.70m NOK (55% → 82% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.60m NOK to 4.49m NOK (-53.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 374 NOK → +1 243 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 10.31m NOK → 3.48m NOK (equity ratio 18.4% → 12.8%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 990 NOK → 265.1k NOK (+8767.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.31m NOK → 2.50m NOK. Reported fact