4TEST INSTRUMENT AS: årsregnskap 2004 vs 2003
Shrank 47% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 4TEST INSTRUMENT AS. Revenue 28.07m NOK → 14.74m NOK (-47.5%). Equity 1.13m NOK → 1.36m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.
At a glance
Scorecard
Revenue
28.07m NOK
14.74m NOK
-47.5%
Operating result
+5.05m NOK
n/m
—
Equity
1.13m NOK
1.36m NOK
+19.6%
Total assets
11.14m NOK
6.23m NOK
-44.1%
What improved
-
↑
Equity strengthened
Book equity 1.13m NOK → 1.36m NOK (equity ratio 10.2% → 21.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 28.07m NOK to 14.74m NOK (-47.5% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 257.7k NOK → 249.7k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 17.33m NOK → 10.21m NOK (-41.1% YoY). Calculated