Org.nr 974 345 315 2004 → 2005 Year-over-year analysis

HVAL SJOKOLADEFABRIKK ASA: årsregnskap 2005 vs 2004

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for HVAL SJOKOLADEFABRIKK ASA. Revenue 29.12m NOK → 27.71m NOK (-4.8%). Equity 11.81m NOK → 11.11m NOK.

On the constructive side: owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for HVAL SJOKOLADEFABRIKK ASA.

At a glance

Revenue

29.12m NOK 27.71m NOK

-4.8%

Operating result

+150.6k NOK -935.7k NOK

-721.1%

Net result

+110.8k NOK n/m

—

Equity

11.81m NOK 11.11m NOK

-5.9%

Total assets

20.92m NOK 18.59m NOK

-11.2%

↑
Owners injected capital

Paid-in equity rose 9.70m NOK → 10.20m NOK (+507.9k NOK). Reported fact
↑
Payroll decreased

Salary cost 3.55m NOK → 3.38m NOK (12% → 12% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 29.12m NOK to 27.71m NOK (-4.8% YoY). Calculated
↓
Operating result weakened

Operating result +150.6k NOK → -935.7k NOK (op. margin 0.5% → -3.4%). Calculated
↓
Equity eroded

Book equity 11.81m NOK → 11.11m NOK (equity ratio 56.4% → 59.7%). Calculated

·
COGS fell

COGS / varekostnad 17.48m NOK → 17.26m NOK (-1.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 0 NOK → 51.0k NOK. Reported fact