3B-FIBREGLASS NORWAY AS: årsregnskap 2004 vs 2003
Grew 37% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 3B-FIBREGLASS NORWAY AS. Revenue 217.6k NOK → 299.2k NOK (+37.5%). Net result -7 754 NOK → -5 867 NOK. Equity 104.1k NOK → 97.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 217.6k NOK to 299.2k NOK (+37.5% YoY). Calculated
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↑
Operating result improved
Operating result -6 840 NOK → -6 213 NOK (op. margin -3.1% → -2.1%). Calculated
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↑
Net result improved
Net result -7 754 NOK → -5 867 NOK (net margin -3.6% → -2.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 104.1k NOK → 97.2k NOK (equity ratio 36.9% → 34.9%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 40.8k NOK → 63.3k NOK (+55.2% YoY). Calculated