A-Å GRAFISK DESIGN & REKLAME AS: årsregnskap 2004 vs 2003
A steady year on the published lines
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A-Å GRAFISK DESIGN & REKLAME AS. Revenue 3.15m NOK → 3.28m NOK (+4.0%). Net result +505.8k NOK → +534.8k NOK. Equity 199.8k NOK → 194.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A-Å GRAFISK DESIGN & REKLAME AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.15m NOK to 3.28m NOK (+4.0% YoY). Calculated
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↑
Operating result improved
Operating result +913.3k NOK → +963.4k NOK (op. margin 29.0% → 29.4%). Calculated
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↑
Net result improved
Net result +505.8k NOK → +534.8k NOK (net margin 16.0% → 16.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 199.8k NOK → 194.7k NOK (equity ratio 12.1% → 11.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.37m NOK → 1.43m NOK (43% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 211.6k NOK → 250.0k NOK (+18.1% YoY). Calculated