Org.nr 910 691 260 2003 → 2004 Year-over-year analysis

A BLYSTAD AS: årsregnskap 2004 vs 2003

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for A BLYSTAD AS. Revenue 530.2k NOK → 536.0k NOK (+1.1%). Net result +250 NOK → +313.4k NOK. Equity 214.4k NOK → 227.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A BLYSTAD AS.

Scorecard

Revenue
530.2k NOK 536.0k NOK
+1.1%
Operating result
+326.7k NOK +417.0k NOK
+27.6%
Net result
+250 NOK +313.4k NOK
+125262.4%
Equity
214.4k NOK 227.8k NOK
+6.3%
Total assets
1.97m NOK 2.30m NOK
+16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 530.2k NOK to 536.0k NOK (+1.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +326.7k NOK → +417.0k NOK (op. margin 61.6% → 77.8%). Calculated

  • ↑

    Net result improved

    Net result +250 NOK → +313.4k NOK (net margin 0.0% → 58.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 214.4k NOK → 227.8k NOK (equity ratio 10.9% → 9.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 622.7k NOK → 634.9k NOK. Reported fact