3ANGLE AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 3ANGLE AS. Revenue 392.5k NOK → 389.0k NOK (-0.9%). Equity -36.2k NOK → 12.7k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
392.5k NOK
389.0k NOK
-0.9%
Operating result
-107.1k NOK
+50.1k NOK
+146.8%
Equity
-36.2k NOK
12.7k NOK
+135.1%
Total assets
140.5k NOK
117.2k NOK
-16.6%
What improved
-
↑
Operating result improved
Operating result -107.1k NOK → +50.1k NOK (op. margin -27.3% → 12.9%). Calculated
-
↑
Equity strengthened
Book equity -36.2k NOK → 12.7k NOK (equity ratio -25.7% → 10.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.39× → 1.12×. Calculated
-
↑
Payroll decreased
Salary cost 165.9k NOK → 2 004 NOK (42% → 1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 392.5k NOK to 389.0k NOK (-0.9% YoY). Calculated