AKERSHUS KJØLESERVICE AS: årsregnskap 2005 vs 2004
Grew 15% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKERSHUS KJØLESERVICE AS. Revenue 9.94m NOK → 11.43m NOK (+14.9%). Equity 769.3k NOK → 395.1k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS KJØLESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.94m NOK to 11.43m NOK (+14.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.81× → 1.18×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 769.3k NOK → 395.1k NOK (equity ratio 10.0% → 4.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 NOK → 1.60m NOK (0% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.07m NOK → 5.88m NOK (+16.1% YoY). Calculated