AIRBROKER AS: årsregnskap 2005 vs 2004
Grew 72% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIRBROKER AS. Revenue 21.53m NOK → 37.01m NOK (+71.9%). Equity -81.9k NOK → 7.24m NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.53m NOK to 37.01m NOK (+71.9% YoY). Calculated
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↑
Equity strengthened
Book equity -81.9k NOK → 7.24m NOK (equity ratio -8.7% → 306.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.59× → 1.06×. Calculated
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↑
Payroll decreased
Salary cost 945.9k NOK → 235.9k NOK (4% → 1% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +214.9k NOK → +14.7k NOK (op. margin 1.0% → 0.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 19.56m NOK → 33.74m NOK (+72.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 480.7k NOK → 256.3k NOK. Reported fact