Org.nr 886 582 412 2004 → 2005 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2005 vs 2004

Grew 132% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for AQUA BIO TECHNOLOGY ASA. Revenue 221.2k NOK → 512.9k NOK (+131.8%). Equity 272.5k NOK → 4.71m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

Scorecard

Revenue
221.2k NOK 512.9k NOK
+131.8%
Operating result
-412.8k NOK -2.05m NOK
-397.1%
Net result
+372.5k NOK n/m
—
Equity
272.5k NOK 4.71m NOK
+1627.9%
Total assets
874.6k NOK 649.5k NOK
-25.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 221.2k NOK to 512.9k NOK (+131.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 272.5k NOK → 4.71m NOK (equity ratio 31.2% → 725.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.49× → 715.21×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -412.8k NOK → -2.05m NOK (op. margin -186.6% → -400.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 60.4k NOK → 3.42m NOK (27% → 666% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 69.4k NOK → 744.3k NOK (+973.1% YoY). Calculated