AKERSHUS MOTOR AS: årsregnskap 2005 vs 2004
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKERSHUS MOTOR AS. Revenue 25.09m NOK → 26.28m NOK (+4.8%). Net result +677.6k NOK → +2 006 NOK. Equity 666.3k NOK → 724.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKERSHUS MOTOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.09m NOK to 26.28m NOK (+4.8% YoY). Calculated
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↑
Operating result improved
Operating result +66.6k NOK → +96.7k NOK (op. margin 0.3% → 0.4%). Calculated
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↑
Equity strengthened
Book equity 666.3k NOK → 724.6k NOK (equity ratio 21.8% → 21.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +677.6k NOK → +2 006 NOK (net margin 2.7% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.05m NOK → 2.32m NOK (8% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 20.30m NOK → 22.04m NOK (+8.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 795.4k NOK → 682.0k NOK. Reported fact