Org.nr 929 165 446 2003 → 2004 Year-over-year analysis

A ENG AS: årsregnskap 2004 vs 2003

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A ENG AS. Revenue 1.46m NOK → 1.50m NOK (+2.6%). Equity 1.42m NOK → 905.2k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A ENG AS.

At a glance

Revenue

1.46m NOK 1.50m NOK

+2.6%

Operating result

+316.9k NOK +367.9k NOK

+16.1%

Equity

1.42m NOK 905.2k NOK

-36.4%

Total assets

372.1k NOK 3.60m NOK

+866.8%

↑
Revenue rose

Operating income / revenue moved from 1.46m NOK to 1.50m NOK (+2.6% YoY). Calculated
↑
Operating result improved

Operating result +316.9k NOK → +367.9k NOK (op. margin 21.8% → 24.6%). Calculated

↓
Equity eroded

Book equity 1.42m NOK → 905.2k NOK (equity ratio 382.6% → 25.2%). Calculated

·
Payroll increased

Salary cost 395.1k NOK → 426.3k NOK (27% → 29% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 1 000 NOK → 26.0k NOK. Reported fact