Org.nr 975 339 793 2003 → 2004 Year-over-year analysis

3 TS INDUSTRISERVICE AS: årsregnskap 2004 vs 2003

Grew 9% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 3 TS INDUSTRISERVICE AS. Revenue 8.73m NOK → 9.53m NOK (+9.1%). Equity 72.4k NOK → 572.7k NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.

At a glance

Revenue

8.73m NOK 9.53m NOK

+9.1%

Operating result

-60.0k NOK +962.9k NOK

+1704.4%

Net result

-126.7k NOK n/m

—

Equity

72.4k NOK 572.7k NOK

+691.2%

Cash

249.9k NOK n/m

—

Total assets

3.60m NOK 4.74m NOK

+31.6%

↑
Revenue rose

Operating income / revenue moved from 8.73m NOK to 9.53m NOK (+9.1% YoY). Calculated
↑
Operating result improved

Operating result -60.0k NOK → +962.9k NOK (op. margin -0.7% → 10.1%). Calculated
↑
Equity strengthened

Book equity 72.4k NOK → 572.7k NOK (equity ratio 2.0% → 12.1%). Calculated
↑
Current ratio back above 1×

Current ratio 0.81× → 1.19×. Calculated

·
Payroll increased

Salary cost 4.24m NOK → 4.31m NOK (49% → 45% of revenue). Calculated
·
COGS fell

COGS / varekostnad 1.97m NOK → 1.61m NOK (-18.3% YoY). Calculated