5 X H MOTE NATIONAL AS: årsregnskap 2004 vs 2003
Shrank 89% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 5 X H MOTE NATIONAL AS. Revenue 207.5k NOK → 22.6k NOK (-89.1%). Net result -7 684 NOK → +3 968 NOK. Equity 57.5k NOK → 61.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +2 351 NOK → +3 961 NOK (op. margin 1.1% → 17.5%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 7 684 NOK to a profit of 3 968 NOK. Calculated
-
↑
Equity strengthened
Book equity 57.5k NOK → 61.5k NOK (equity ratio 57.6% → 61.9%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.90× → 1.33×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 207.5k NOK to 22.6k NOK (-89.1% YoY). Calculated