Org.nr 816 919 312 2003 → 2004 Year-over-year analysis

A E TUFTE AS: årsregnskap 2004 vs 2003

Slipped into loss

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for A E TUFTE AS. Revenue 473.6k NOK → 484.9k NOK (+2.4%). Net result +218.5k NOK → -61.5k NOK. Equity 986.4k NOK → 924.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A E TUFTE AS.

Scorecard

Revenue
473.6k NOK 484.9k NOK
+2.4%
Operating result
+209.8k NOK -28.8k NOK
-113.7%
Net result
+218.5k NOK -61.5k NOK
-128.1%
Equity
986.4k NOK 924.9k NOK
-6.2%
Cash
749.9k NOK 743.6k NOK
-0.8%
Total assets
5.05m NOK 4.37m NOK
-13.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 473.6k NOK to 484.9k NOK (+2.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +209.8k NOK → -28.8k NOK (op. margin 44.3% → -5.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 218.5k NOK profit to a loss of 61.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 986.4k NOK → 924.9k NOK (equity ratio 19.5% → 21.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 749.9k NOK → 743.6k NOK (-0.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 7 562 NOK → 14.4k NOK (+89.8% YoY). Calculated