4KNITS AS: årsregnskap 2004 vs 2003
Grew 21% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 4KNITS AS. Revenue 3.31m NOK → 4.02m NOK (+21.3%). Net result +95.8k NOK → +476.9k NOK. Equity 121.3k NOK → 138.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4KNITS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.31m NOK to 4.02m NOK (+21.3% YoY). Calculated
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Operating result improved
Operating result +293.3k NOK → +855.9k NOK (op. margin 8.9% → 21.3%). Calculated
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Net result improved
Net result +95.8k NOK → +476.9k NOK (net margin 2.9% → 11.9%). Calculated
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Equity strengthened
Book equity 121.3k NOK → 138.3k NOK (equity ratio 12.8% → 53.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 423.2k NOK → 388.7k NOK (-8.1% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1.30m NOK → 1.34m NOK (+3.8% YoY). Calculated