Org.nr 974 442 167 2004 → 2005 Year-over-year analysis

BOUVET ASA: årsregnskap 2005 vs 2004

Grew 43% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for BOUVET ASA. Revenue 154.03m NOK → 220.43m NOK (+43.1%). Equity 24.72m NOK → 44.22m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

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

At a glance

Revenue

154.03m NOK 220.43m NOK

+43.1%

Operating result

+12.39m NOK +22.40m NOK

+80.7%

Equity

24.72m NOK 44.22m NOK

+78.9%

Total assets

76.00m NOK 97.37m NOK

+28.1%

↑
Revenue rose

Operating income / revenue moved from 154.03m NOK to 220.43m NOK (+43.1% YoY). Calculated
↑
Operating result improved

Operating result +12.39m NOK → +22.40m NOK (op. margin 8.0% → 10.2%). Calculated
↑
Equity strengthened

Book equity 24.72m NOK → 44.22m NOK (equity ratio 32.5% → 45.4%). Calculated
↑
Owners injected capital

Paid-in equity rose 8.99m NOK → 12.76m NOK (+3.78m NOK). Reported fact

·
Payroll increased

Salary cost 87.16m NOK → 4.12bn NOK (57% → 1867% of revenue). Calculated
·
COGS moved

COGS / varekostnad 29.27m NOK → 45.39m NOK (+55.1% YoY). Calculated