FirmaIQ
Org.nr 914 728 398 2004 → 2005 Year-over-year analysis

AKASIEN HOLDING AS: årsregnskap 2005 vs 2004

Grew 8% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKASIEN HOLDING AS. Revenue 19.42m NOK → 21.04m NOK (+8.3%). Equity 782.63m NOK → 3 316 NOK.

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

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKASIEN HOLDING AS.

At a glance

Scorecard

Revenue
19.42m NOK 21.04m NOK
+8.3%
Operating result
+2.21m NOK +2.39m NOK
+8.0%
Equity
782.63m NOK 3 316 NOK
-100.0%
Total assets
8.15m NOK 8.63m NOK
+6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.42m NOK to 21.04m NOK (+8.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.21m NOK → +2.39m NOK (op. margin 11.4% → 11.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.22m NOK → 2 005 NOK (32% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 782.63m NOK → 3 316 NOK (equity ratio 9605.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.84m NOK → 8.46m NOK (+7.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 14.3k NOK → 289.2k NOK. Reported fact