AIM DESIGN AS: årsregnskap 2005 vs 2004
Shrank 26% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIM DESIGN AS. Revenue 744.3k NOK → 548.5k NOK (-26.3%). Net result +20.8k NOK → +93.7k NOK. Equity 2.38m NOK → 2.48m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIM DESIGN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +26.9k NOK → +63.7k NOK (op. margin 3.6% → 11.6%). Calculated
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↑
Net result improved
Net result +20.8k NOK → +93.7k NOK (net margin 2.8% → 17.1%). Calculated
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↑
Equity strengthened
Book equity 2.38m NOK → 2.48m NOK (equity ratio 78.4% → 80.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 744.3k NOK to 548.5k NOK (-26.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 13.1k NOK → 23.2k NOK (2% → 4% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 265.6k NOK → 175.2k NOK (-34.0% YoY). Calculated