1000 MILE NORGE AS: årsregnskap 2004 vs 2003
Grew 290% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 1000 MILE NORGE AS. Revenue 1.36m NOK → 5.31m NOK (+290.0%). Equity -220.5k NOK → -209.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.36m NOK to 5.31m NOK (+290.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -220.5k NOK → -209.3k NOK (equity ratio -130.9% → -57.2%). Calculated
What deteriorated
-
↓
Current ratio dropped below 1×
Current ratio 4.40× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 1.01m NOK → 5.13m NOK (+406.3% YoY). Calculated