AJO MASKIN AS: årsregnskap 2005 vs 2004
Grew 16746550% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AJO MASKIN AS. Revenue 2 NOK → 334.9k NOK (+16746550.0%). Equity 971.4k NOK → 377.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 NOK to 334.9k NOK (+16746550.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -140.6k NOK → -203.4k NOK (op. margin -7027650.0% → -60.7%). Calculated
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↓
Equity eroded
Book equity 971.4k NOK → 377.5k NOK (equity ratio 12.4% → 5.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 900.0k NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 133.2k NOK → 191.1k NOK (6659650% → 57% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.94m NOK → 309.3k NOK (-84.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 041 NOK → 1.04m NOK. Reported fact