FirmaIQ
Org.nr 947 207 083 2004 → 2005 Year-over-year analysis

AKER SEIL AS: årsregnskap 2005 vs 2004

Shrank 12% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKER SEIL AS. Revenue 2.29m NOK → 2.01m NOK (-12.2%). Net result +944.0k NOK → +2 005 NOK. Equity 170.9k NOK → 1 114 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKER SEIL AS.

At a glance

Scorecard

Revenue
2.29m NOK 2.01m NOK
-12.2%
Operating result
+639.0k NOK +137.3k NOK
-78.5%
Net result
+944.0k NOK +2 005 NOK
-99.8%
Equity
170.9k NOK 1 114 NOK
-99.3%
Total assets
707.7k NOK 2.41m NOK
+240.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.29m NOK to 2.01m NOK (-12.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +639.0k NOK → +137.3k NOK (op. margin 27.9% → 6.8%). Calculated

  • ↓

    Net result weakened

    Net result +944.0k NOK → +2 005 NOK (net margin 41.2% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 170.9k NOK → 1 114 NOK (equity ratio 24.1% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 NOK → 3.62m NOK (0% → 180% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

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