FirmaIQ
Org.nr 834 087 642 2003 → 2004 Year-over-year analysis

A G KJØSTVEDT AS: årsregnskap 2004 vs 2003

Shrank 5% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A G KJØSTVEDT AS. Revenue 7.46m NOK → 7.07m NOK (-5.3%). Net result +606.7k NOK → +653.8k NOK. Equity 54.1k NOK → 527.9k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.

At a glance

Scorecard

Revenue
7.46m NOK 7.07m NOK
-5.3%
Operating result
+964.1k NOK +976.2k NOK
+1.3%
Net result
+606.7k NOK +653.8k NOK
+7.8%
Equity
54.1k NOK 527.9k NOK
+875.5%
Total assets
5.29m NOK 5.22m NOK
-1.4%

What improved

  • ↑

    Operating result improved

    Operating result +964.1k NOK → +976.2k NOK (op. margin 12.9% → 13.8%). Calculated

  • ↑

    Net result improved

    Net result +606.7k NOK → +653.8k NOK (net margin 8.1% → 9.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 54.1k NOK → 527.9k NOK (equity ratio 1.0% → 10.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.83m NOK → 1.45m NOK (25% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.46m NOK to 7.07m NOK (-5.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.51m NOK → 3.32m NOK (-5.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 600 NOK → 1 000 NOK. Reported fact