Org.nr 976 842 197 2003 → 2004 Year-over-year analysis

3 BYGG MESTER EIENDOM AS: årsregnskap 2004 vs 2003

Grew 48% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 3 BYGG MESTER EIENDOM AS. Revenue 2.62m NOK → 3.88m NOK (+48.2%). Equity 2.37m NOK → 3.38m NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3 BYGG MESTER EIENDOM AS.

At a glance

Revenue

2.62m NOK 3.88m NOK

+48.2%

Operating result

+2.11m NOK +2.33m NOK

+10.4%

Net result

+842.8k NOK n/m

—

Equity

2.37m NOK 3.38m NOK

+42.9%

Total assets

23.66m NOK 42.46m NOK

+79.5%

↑
Revenue rose

Operating income / revenue moved from 2.62m NOK to 3.88m NOK (+48.2% YoY). Calculated
↑
Operating result improved

Operating result +2.11m NOK → +2.33m NOK (op. margin 80.5% → 60.0%). Calculated
↑
Equity strengthened

Book equity 2.37m NOK → 3.38m NOK (equity ratio 10.0% → 8.0%). Calculated

·
Thin equity buffer

Equity ratio is 8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 6 360 NOK → 849.7k NOK (+13260.7% YoY). Calculated