Org.nr 984 036 736 2003 → 2004 Year-over-year analysis

4HUMAN TQM AS: årsregnskap 2004 vs 2003

Grew 92% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 4HUMAN TQM AS. Revenue 1.51m NOK → 2.90m NOK (+92.3%). Equity 454.4k NOK → 693.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4HUMAN TQM AS.

At a glance

Revenue

1.51m NOK 2.90m NOK

+92.3%

Operating result

-12.1k NOK +375.8k NOK

+3198.9%

Equity

454.4k NOK 693.9k NOK

+52.7%

Total assets

3.11m NOK 2.66m NOK

-14.4%

↑
Revenue rose

Operating income / revenue moved from 1.51m NOK to 2.90m NOK (+92.3% YoY). Calculated
↑
Operating result improved

Operating result -12.1k NOK → +375.8k NOK (op. margin -0.8% → 13.0%). Calculated
↑
Equity strengthened

Book equity 454.4k NOK → 693.9k NOK (equity ratio 14.6% → 26.0%). Calculated
↑
Current ratio back above 1×

Current ratio 0.64× → 1.39×. Calculated
↑
Owners injected capital

Paid-in equity rose 232.2k NOK → 1.23m NOK (+1.00m NOK). Reported fact