AIWELL AS: årsregnskap 2005 vs 2004
Shrank 14% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AIWELL AS. Revenue 8.08m NOK → 6.94m NOK (-14.2%). Net result +2.08m NOK → +1.26m NOK. Equity 523.8k NOK → 486.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
8.08m NOK
6.94m NOK
-14.2%
Operating result
+3.05m NOK
+1.75m NOK
-42.6%
Net result
+2.08m NOK
+1.26m NOK
-39.5%
Equity
523.8k NOK
486.4k NOK
-7.1%
Total assets
5.22m NOK
4.85m NOK
-7.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.08m NOK to 6.94m NOK (-14.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.05m NOK → +1.75m NOK (op. margin 37.8% → 25.2%). Calculated
-
↓
Net result weakened
Net result +2.08m NOK → +1.26m NOK (net margin 25.7% → 18.1%). Calculated
-
↓
Equity eroded
Book equity 523.8k NOK → 486.4k NOK (equity ratio 10.0% → 10.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 182 NOK → 1.28m NOK (0% → 18% of revenue). Calculated