FirmaIQ
Org.nr 844 017 472 2003 → 2004 Year-over-year analysis

A ASBJØRNSENS EIENDOM AS: årsregnskap 2004 vs 2003

Shrank 77% on revenue, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A ASBJØRNSENS EIENDOM AS. Revenue 2.20m NOK → 516.7k NOK (-76.5%). Net result +2.31m NOK → +2.45m NOK. Equity 3.82m NOK → 2.83m NOK.

On the constructive side: net result improved; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A ASBJØRNSENS EIENDOM AS.

At a glance

Scorecard

Revenue
2.20m NOK 516.7k NOK
-76.5%
Operating result
n/m +230.7k NOK
—
Net result
+2.31m NOK +2.45m NOK
+6.2%
Equity
3.82m NOK 2.83m NOK
-26.1%
Total assets
31.50m NOK 35.75m NOK
+13.5%

What improved

  • ↑

    Net result improved

    Net result +2.31m NOK → +2.45m NOK (net margin 105.0% → 474.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 700 NOK → 2.70m NOK (+2.70m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.20m NOK to 516.7k NOK (-76.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 3.82m NOK → 2.83m NOK (equity ratio 12.1% → 7.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation