AKB LIGHTING AS: årsregnskap 2005 vs 2004
Grew 36% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKB LIGHTING AS. Revenue 15.84m NOK → 21.48m NOK (+35.6%). Net result +409.5k NOK → +802.0k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKB LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.84m NOK to 21.48m NOK (+35.6% YoY). Calculated
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↑
Net result improved
Net result +409.5k NOK → +802.0k NOK (net margin 2.6% → 3.7%). Calculated
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↑
Payroll decreased
Salary cost 3.57m NOK → 3 NOK (23% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +707.7k NOK → +474.1k NOK (op. margin 4.5% → 2.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 9.03m NOK → 12.43m NOK (+37.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 288.7k NOK → 113.0k NOK. Reported fact