Org.nr 985 140 421 2004 → 2005 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2005 vs 2004

Grew 24% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for VERDIPAPIRSENTRALEN ASA. Revenue 267.87m NOK → 330.93m NOK (+23.5%). Equity 175.29m NOK → 262.89m NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for VERDIPAPIRSENTRALEN ASA.

Scorecard

Revenue
267.87m NOK 330.93m NOK
+23.5%
Operating result
+90.33m NOK +150.42m NOK
+66.5%
Equity
175.29m NOK 262.89m NOK
+50.0%
Cash
12.15bn NOK 13.17bn NOK
+8.4%
Total assets
293.45m NOK 322.81m NOK
+10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 267.87m NOK to 330.93m NOK (+23.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +90.33m NOK → +150.42m NOK (op. margin 33.7% → 45.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 175.29m NOK → 262.89m NOK (equity ratio 59.7% → 81.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.15bn NOK → 13.17bn NOK (+8.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 89.53m NOK (0% → 27% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.48m NOK → 34.01m NOK. Reported fact