Org.nr 982 895 189 2004 → 2005 Year-over-year analysis

AKER UTVIKLING AS: årsregnskap 2005 vs 2004

Shrank 63% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKER UTVIKLING AS. Revenue 89.07m NOK → 33.14m NOK (-62.8%). Equity 7.37m NOK → 1.57m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

89.07m NOK 33.14m NOK

-62.8%

Operating result

+6.87m NOK n/m

—

Equity

7.37m NOK 1.57m NOK

-78.7%

Total assets

69.96m NOK 22.53m NOK

-67.8%

↑
Payroll decreased

Salary cost 2.42m NOK → 2.13m NOK (3% → 6% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 89.07m NOK to 33.14m NOK (-62.8% YoY). Calculated
↓
Equity eroded

Book equity 7.37m NOK → 1.57m NOK (equity ratio 10.5% → 7.0%). Calculated

·
Thin equity buffer

Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 75.87m NOK → 30.61m NOK (-59.7% YoY). Calculated