FirmaIQ
Org.nr 979 896 026 2003 → 2004 Year-over-year analysis

4U HAIR BODY STYLE AS: årsregnskap 2004 vs 2003

Shrank 15% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 4U HAIR BODY STYLE AS. Revenue 5.41m NOK → 4.60m NOK (-15.0%). Net result +244.3k NOK → +18.2k NOK. Equity -858.3k NOK → -840.1k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4U HAIR BODY STYLE AS.

At a glance

Scorecard

Revenue
5.41m NOK 4.60m NOK
-15.0%
Operating result
+370.6k NOK +129.2k NOK
-65.1%
Net result
+244.3k NOK +18.2k NOK
-92.5%
Equity
-858.3k NOK -840.1k NOK
+2.1%
Cash
120.7k NOK 10.2k NOK
-91.5%
Total assets
1.79m NOK 1.62m NOK
-9.6%

What improved

  • ↑

    Equity strengthened

    Book equity -858.3k NOK → -840.1k NOK (equity ratio -47.9% → -51.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.14m NOK → 1.51m NOK (39% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.41m NOK to 4.60m NOK (-15.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +370.6k NOK → +129.2k NOK (op. margin 6.8% → 2.8%). Calculated

  • ↓

    Net result weakened

    Net result +244.3k NOK → +18.2k NOK (net margin 4.5% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.7k NOK → 10.2k NOK (-91.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.52m NOK → 1.63m NOK (+7.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -51.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation