FirmaIQ
Org.nr 985 220 492 2004 → 2005 Year-over-year analysis

SEAGARDEN GROUP ASA: årsregnskap 2005 vs 2004

Grew 17% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for SEAGARDEN GROUP ASA. Revenue 3.98m NOK → 4.65m NOK (+16.8%). Equity 1.08m NOK → 6.73m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.

At a glance

Scorecard

Revenue
3.98m NOK 4.65m NOK
+16.8%
Operating result
+355.1k NOK n/m
—
Equity
1.08m NOK 6.73m NOK
+522.2%
Total assets
574.2k NOK 9.45m NOK
+1546.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.98m NOK to 4.65m NOK (+16.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 6.73m NOK (equity ratio 188.3% → 71.2%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 47.54× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 766.6k NOK → 766 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 139.4k NOK → 315.5k NOK (4% → 7% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 291.2k NOK → 9 518 NOK. Reported fact