Org.nr 982 930 030 2004 → 2005 Year-over-year analysis

AKERHOLT AS: årsregnskap 2005 vs 2004

Shrank 6% on revenue, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKERHOLT AS. Revenue 3.20m NOK → 2.99m NOK (-6.3%). Equity 269.8k NOK → 241.9k NOK.

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

Net tougher year on the published lines.

At a glance

Revenue

3.20m NOK 2.99m NOK

-6.3%

Operating result

+426.3k NOK +310.0k NOK

-27.3%

Net result

n/m +197.1k NOK

—

Equity

269.8k NOK 241.9k NOK

-10.3%

Cash

348.1k NOK 109.5k NOK

-68.6%

Total assets

1.91m NOK 1.20m NOK

-37.2%

↑
Payroll decreased

Salary cost -567.7k NOK → -640.6k NOK (-18% → -21% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.20m NOK to 2.99m NOK (-6.3% YoY). Calculated
↓
Operating result weakened

Operating result +426.3k NOK → +310.0k NOK (op. margin 13.3% → 10.4%). Calculated
↓
Equity eroded

Book equity 269.8k NOK → 241.9k NOK (equity ratio 14.1% → 20.1%). Calculated
↓
Cash fell

Bank deposits 348.1k NOK → 109.5k NOK (-68.6% YoY). Calculated
↓
COGS moved

COGS / varekostnad -1.86m NOK → -1.72m NOK (+7.7% YoY). Calculated