A. GULLAKSEN AS: årsregnskap 2004 vs 2003
Grew 9% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A. GULLAKSEN AS. Revenue 536.7k NOK → 583.2k NOK (+8.7%). Equity 138.9k NOK → 259.1k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A. GULLAKSEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 536.7k NOK to 583.2k NOK (+8.7% YoY). Calculated
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Operating result improved
Operating result +390.9k NOK → +413.4k NOK (op. margin 72.8% → 70.9%). Calculated
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↑
Equity strengthened
Book equity 138.9k NOK → 259.1k NOK (equity ratio 10.2% → 10.1%). Calculated
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Current ratio back above 1×
Current ratio 0.13× → 2.08×. Calculated
Things to notice
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Payroll increased
Salary cost 4 954 NOK → 12.2k NOK (1% → 2% of revenue). Calculated
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Book investments changed
Investment / intangible book value 512.1k NOK → 424.3k NOK. Reported fact