A-BYGG AS: årsregnskap 2004 vs 2003
Grew 51% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A-BYGG AS. Revenue 1.42m NOK → 2.16m NOK (+51.4%). Net result -4 580 NOK → +338.6k NOK. Equity 156.4k NOK → 125.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A-BYGG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.42m NOK to 2.16m NOK (+51.4% YoY). Calculated
-
↑
Operating result improved
Operating result -33.0k NOK → +392.7k NOK (op. margin -2.3% → 18.2%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 4 580 NOK to a profit of 338.6k NOK. Calculated
-
↑
Cash rose
Bank deposits 186.8k NOK → 760.0k NOK (+306.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 156.4k NOK → 125.0k NOK (equity ratio 36.6% → 12.5%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 485.4k NOK (0% → 23% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 823.1k NOK → 46.2k NOK (-94.4% YoY). Calculated