AKERSHUS ELEKTRO AS: årsregnskap 2005 vs 2004
Grew 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKERSHUS ELEKTRO AS. Revenue 8.63m NOK → 9.22m NOK (+6.9%). Net result +906.1k NOK → +457.7k NOK. Equity 396.88bn NOK → 854.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.63m NOK to 9.22m NOK (+6.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.29m NOK → +652.9k NOK (op. margin 14.9% → 7.1%). Calculated
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↓
Net result weakened
Net result +906.1k NOK → +457.7k NOK (net margin 10.5% → 5.0%). Calculated
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↓
Equity eroded
Book equity 396.88bn NOK → 854.6k NOK (equity ratio 9960109.1% → 22.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 396 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 2.92m NOK → 3.22m NOK (34% → 35% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.11m NOK → 3.88m NOK (+24.6% YoY). Calculated