1891 HOLDING AS: årsregnskap 2004 vs 2003
Shrank 27% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 1891 HOLDING AS. Revenue 4.47m NOK → 3.25m NOK (-27.2%). Net result +1.27m NOK → +1.43m NOK. Equity 3.38m NOK → 2.34m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
4.47m NOK
3.25m NOK
-27.2%
Net result
+1.27m NOK
+1.43m NOK
+12.5%
Equity
3.38m NOK
2.34m NOK
-30.8%
Total assets
21.05m NOK
23.39m NOK
+11.1%
What improved
-
↑
Net result improved
Net result +1.27m NOK → +1.43m NOK (net margin 28.4% → 43.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.47m NOK to 3.25m NOK (-27.2% YoY). Calculated
-
↓
Equity eroded
Book equity 3.38m NOK → 2.34m NOK (equity ratio 16.1% → 10.0%). Calculated