AKC ARKITEKTER AS: årsregnskap 2005 vs 2004
Shrank 71% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKC ARKITEKTER AS. Revenue 1.84m NOK → 530.9k NOK (-71.1%). Net result +295.7k NOK → +99.0k NOK. Equity 382.7k NOK → 481.7k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKC ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 382.7k NOK → 481.7k NOK (equity ratio 121.8% → 42.8%). Calculated
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↑
Payroll decreased
Salary cost 943.9k NOK → 826.6k NOK (51% → 156% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.84m NOK to 530.9k NOK (-71.1% YoY). Calculated
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↓
Operating result weakened
Operating result +502.1k NOK → +141.9k NOK (op. margin 27.3% → 26.7%). Calculated
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↓
Net result weakened
Net result +295.7k NOK → +99.0k NOK (net margin 16.1% → 18.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 75.0k NOK → 105.0k NOK. Reported fact