Org.nr 914 769 922 2004 → 2005 Year-over-year analysis

GOODTECH ASA: årsregnskap 2005 vs 2004

Grew 1703% on revenue, cash halved-plus, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for GOODTECH ASA. Revenue 118.16bn NOK → 2131.06bn NOK (+1703.5%). Equity 18.6k NOK → 112.4k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for GOODTECH ASA.

At a glance

Revenue

118.16bn NOK 2131.06bn NOK

+1703.5%

Operating result

+560.9k NOK -13.59m NOK

-2522.3%

Net result

n/m +68 NOK

—

Equity

18.6k NOK 112.4k NOK

+505.1%

Cash

7 387 NOK 2 802 NOK

-62.1%

Total assets

52.3k NOK 262.1k NOK

+400.7%

↑
Revenue rose

Operating income / revenue moved from 118.16bn NOK to 2131.06bn NOK (+1703.5% YoY). Calculated
↑
Equity strengthened

Book equity 18.6k NOK → 112.4k NOK (equity ratio 35.5% → 42.9%). Calculated
↑
Owners injected capital

Paid-in equity rose 20.7k NOK → 114.3k NOK (+93.5k NOK). Reported fact

↓
Operating result weakened

Operating result +560.9k NOK → -13.59m NOK (op. margin 0.0% → -0.0%). Calculated
↓
Cash fell

Bank deposits 7 387 NOK → 2 802 NOK (-62.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 11.9k NOK → 132.4k NOK. Reported fact