Org.nr 960 514 718 2004 → 2005 Year-over-year analysis

SALMAR ASA: årsregnskap 2005 vs 2004

Grew 71% on revenue, stronger earnings, cash halved-plus

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for SALMAR ASA. Revenue 13.97m NOK → 23.95m NOK (+71.5%). Net result +3 040 NOK → +6.90m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for SALMAR ASA.

At a glance

Revenue

13.97m NOK 23.95m NOK

+71.5%

Operating result

+655.6k NOK +487.0k NOK

-25.7%

Net result

+3 040 NOK +6.90m NOK

+226784.9%

Equity

27.86m NOK n/m

—

Cash

17.38m NOK 8.12m NOK

-53.3%

Total assets

475.09m NOK 440.34m NOK

-7.3%

↑
Revenue rose

Operating income / revenue moved from 13.97m NOK to 23.95m NOK (+71.5% YoY). Calculated
↑
Net result improved

Net result +3 040 NOK → +6.90m NOK (net margin 0.0% → 28.8%). Calculated

↓
Operating result weakened

Operating result +655.6k NOK → +487.0k NOK (op. margin 4.7% → 2.0%). Calculated
↓
Cash fell

Bank deposits 17.38m NOK → 8.12m NOK (-53.3% YoY). Calculated

·
Payroll increased

Salary cost 7.96m NOK → 2.12bn NOK (57% → 8843% of revenue). Calculated