4 LIKE AS: årsregnskap 2004 vs 2003
Grew 72% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 4 LIKE AS. Revenue 53.7k NOK → 92.6k NOK (+72.3%). Equity 380.2k NOK → -815.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 LIKE AS.
At a glance
Scorecard
Revenue
53.7k NOK
92.6k NOK
+72.3%
Operating result
+27.3k NOK
-269.1k NOK
-1084.7%
Net result
+234.6k NOK
n/m
—
Equity
380.2k NOK
-815.1k NOK
-314.4%
Cash
282 NOK
n/m
—
Total assets
1.75m NOK
1.42m NOK
-18.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 53.7k NOK to 92.6k NOK (+72.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +27.3k NOK → -269.1k NOK (op. margin 50.9% → -290.7%). Calculated
-
↓
Equity eroded
Book equity 380.2k NOK → -815.1k NOK (equity ratio 21.7% → -57.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -57.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation