AIRGENIC AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIRGENIC AS. Revenue 6.48m NOK → 6.25m NOK (-3.6%). Equity 1.98m NOK → 1.68bn NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
6.48m NOK
6.25m NOK
-3.6%
Operating result
-244.1k NOK
-245.4k NOK
-0.5%
Equity
1.98m NOK
1.68bn NOK
+84539.4%
Cash
172.9k NOK
221.0k NOK
+27.8%
Total assets
760.9k NOK
2.82m NOK
+270.6%
What improved
-
↑
Equity strengthened
Book equity 1.98m NOK → 1.68bn NOK (equity ratio 260.3% → 59457.0%). Calculated
-
↑
Cash rose
Bank deposits 172.9k NOK → 221.0k NOK (+27.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.83m NOK → 1.78m NOK (44% → 28% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.48m NOK to 6.25m NOK (-3.6% YoY). Calculated
-
↓
Operating result weakened
Operating result -244.1k NOK → -245.4k NOK (op. margin -3.8% → -3.9%). Calculated