AIR TICKET AS: årsregnskap 2005 vs 2004
Grew 43% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIR TICKET AS. Revenue 45.62m NOK → 65.38m NOK (+43.3%). Net result +339.3k NOK → +257.6k NOK. Equity 576.8k NOK → 634.5k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIR TICKET AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 45.62m NOK to 65.38m NOK (+43.3% YoY). Calculated
-
↑
Equity strengthened
Book equity 576.8k NOK → 634.5k NOK (equity ratio 20.6% → 10.1%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 105.0k NOK (+5 000 NOK). Reported fact
-
↑
Payroll decreased
Salary cost 1.56m NOK → 1.37m NOK (3% → 2% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +476.3k NOK → +339.8k NOK (op. margin 1.0% → 0.5%). Calculated
-
↓
Net result weakened
Net result +339.3k NOK → +257.6k NOK (net margin 0.7% → 0.4%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 43.72m NOK → 62.59m NOK (+43.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 13.6k NOK → 5 668 NOK. Reported fact