Org.nr 984 174 993 2004 → 2005 Year-over-year analysis

AKA GROUP AS: årsregnskap 2005 vs 2004

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKA GROUP AS. Revenue 4.67m NOK → 4.83m NOK (+3.3%). Equity 530.6k NOK → 54.0k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKA GROUP AS.

At a glance

Revenue

4.67m NOK 4.83m NOK

+3.3%

Operating result

+675.2k NOK +833.3k NOK

+23.4%

Net result

+355.9k NOK n/m

—

Equity

530.6k NOK 54.0k NOK

-89.8%

Total assets

1.65m NOK 1.91m NOK

+15.3%

↑
Revenue rose

Operating income / revenue moved from 4.67m NOK to 4.83m NOK (+3.3% YoY). Calculated
↑
Operating result improved

Operating result +675.2k NOK → +833.3k NOK (op. margin 14.4% → 17.3%). Calculated

↓
Equity eroded

Book equity 530.6k NOK → 54.0k NOK (equity ratio 32.1% → 2.8%). Calculated

·
Thin equity buffer

Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 878.7k NOK → 1.06m NOK (19% → 22% of revenue). Calculated
·
COGS fell

COGS / varekostnad 2.04m NOK → 2.03m NOK (-0.8% YoY). Calculated