AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS: årsregnskap 2005 vs 2004
Shrank 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS. Revenue 76.21m NOK → 70.29m NOK (-7.8%). Net result +128.8k NOK → +8 515 NOK. Equity 1.53m NOK → 1.54m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKERSHUS OG ØSTFOLD VIRKESTRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.53m NOK → 1.54m NOK (equity ratio 16.9% → 18.4%). Calculated
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↑
Cash rose
Bank deposits 1.37m NOK → 2.34m NOK (+71.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 76.21m NOK to 70.29m NOK (-7.8% YoY). Calculated
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↓
Operating result weakened
Operating result +165.0k NOK → -13.5k NOK (op. margin 0.2% → -0.0%). Calculated
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↓
Net result weakened
Net result +128.8k NOK → +8 515 NOK (net margin 0.2% → 0.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 934.9k NOK → 959.2k NOK (1% → 1% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 74.51m NOK → 68.72m NOK (-7.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 500.0k NOK. Reported fact