A C BERGERSEN & SØNNER AS: årsregnskap 2004 vs 2003
Grew 22% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A C BERGERSEN & SØNNER AS. Revenue 1.95m NOK → 2.39m NOK (+22.4%). Net result -128.3k NOK → +444.7k NOK. Equity 433.9k NOK → 278.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.95m NOK
2.39m NOK
+22.4%
Operating result
+660.7k NOK
+685.5k NOK
+3.8%
Net result
-128.3k NOK
+444.7k NOK
+446.7%
Equity
433.9k NOK
278.6k NOK
-35.8%
Total assets
2.60m NOK
2.72m NOK
+4.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.95m NOK to 2.39m NOK (+22.4% YoY). Calculated
-
↑
Operating result improved
Operating result +660.7k NOK → +685.5k NOK (op. margin 33.8% → 28.7%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 128.3k NOK to a profit of 444.7k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 433.9k NOK → 278.6k NOK (equity ratio 16.7% → 10.3%). Calculated