AKADEMIET UTDANNING NORGE AS: årsregnskap 2005 vs 2004
Shrank 16% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKADEMIET UTDANNING NORGE AS. Revenue 471.4k NOK → 394.5k NOK (-16.3%). Net result +126.6k NOK → +44.6k NOK. Equity 435.9k NOK → 415.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
471.4k NOK
394.5k NOK
-16.3%
Operating result
+217.4k NOK
+101.1k NOK
-53.5%
Net result
+126.6k NOK
+44.6k NOK
-64.8%
Equity
435.9k NOK
415.4k NOK
-4.7%
Cash
50.7k NOK
n/m
—
Total assets
2.05m NOK
1.72m NOK
-16.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 471.4k NOK to 394.5k NOK (-16.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +217.4k NOK → +101.1k NOK (op. margin 46.1% → 25.6%). Calculated
-
↓
Net result weakened
Net result +126.6k NOK → +44.6k NOK (net margin 26.8% → 11.3%). Calculated
-
↓
Equity eroded
Book equity 435.9k NOK → 415.4k NOK (equity ratio 21.2% → 24.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 57.9k NOK (0% → 15% of revenue). Calculated