AKE AS: årsregnskap 2005 vs 2004
Shrank 45% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKE AS. Revenue 336.0k NOK → 184.4k NOK (-45.1%). Net result -19.5k NOK → +19.3k NOK. Equity 137.3k NOK → 156.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -19.6k NOK → +19.2k NOK (op. margin -5.8% → 10.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 19.5k NOK to a profit of 19.3k NOK. Calculated
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↑
Equity strengthened
Book equity 137.3k NOK → 156.6k NOK (equity ratio 68.3% → 48.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 336.0k NOK to 184.4k NOK (-45.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 319.5k NOK → 132.8k NOK (-58.4% YoY). Calculated