A & BIRGER LUNKE AS: årsregnskap 2004 vs 2003
Shrank 57% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A & BIRGER LUNKE AS. Revenue 1.33m NOK → 575.6k NOK (-56.6%). Net result +309.7k NOK → +136.2k NOK. Equity 210.2k NOK → 223.4k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & BIRGER LUNKE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 210.2k NOK → 223.4k NOK (equity ratio 151.2% → 20.4%). Calculated
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↑
Cash rose
Bank deposits 284.5k NOK → 453.0k NOK (+59.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.33m NOK to 575.6k NOK (-56.6% YoY). Calculated
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↓
Operating result weakened
Operating result +410.1k NOK → +200.6k NOK (op. margin 30.9% → 34.9%). Calculated
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↓
Net result weakened
Net result +309.7k NOK → +136.2k NOK (net margin 23.3% → 23.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 78.4k NOK → 5 001 NOK (-93.6% YoY). Calculated