Org.nr 977 385 369 2003 → 2004 Year-over-year analysis

3RW ARKITEKTER AS: årsregnskap 2004 vs 2003

Shrank 14% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 3RW ARKITEKTER AS. Revenue 5.04m NOK → 4.31m NOK (-14.4%). Equity 256.3k NOK → 261.6k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3RW ARKITEKTER AS.

At a glance

Revenue

5.04m NOK 4.31m NOK

-14.4%

Operating result

+1.05m NOK +11.9k NOK

-98.9%

Equity

256.3k NOK 261.6k NOK

+2.0%

Total assets

995.0k NOK 1.34m NOK

+35.0%

↑
Equity strengthened

Book equity 256.3k NOK → 261.6k NOK (equity ratio 25.8% → 19.5%). Calculated

↓
Revenue fell

Operating income / revenue moved from 5.04m NOK to 4.31m NOK (-14.4% YoY). Calculated
↓
Operating result weakened

Operating result +1.05m NOK → +11.9k NOK (op. margin 20.8% → 0.3%). Calculated
↓
Payroll up without matching revenue

Salary cost 2.49m NOK → 2.95m NOK (49% → 68% of revenue). Calculated

·
COGS fell

COGS / varekostnad 794.3k NOK → 639.8k NOK (-19.5% YoY). Calculated