FirmaIQ
Org.nr 935 106 877 2003 → 2004 Year-over-year analysis

A H VASBOTN AS: årsregnskap 2004 vs 2003

Grew 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A H VASBOTN AS. Revenue 4.32m NOK → 4.90m NOK (+13.3%). Net result +29.5k NOK → +98.4k NOK. Equity 883.4k NOK → 881.8k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
4.32m NOK 4.90m NOK
+13.3%
Operating result
+80.2k NOK +200.0k NOK
+149.2%
Net result
+29.5k NOK +98.4k NOK
+233.5%
Equity
883.4k NOK 881.8k NOK
-0.2%
Total assets
2.67m NOK 2.84m NOK
+6.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.32m NOK to 4.90m NOK (+13.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.2k NOK → +200.0k NOK (op. margin 1.9% → 4.1%). Calculated

  • ↑

    Net result improved

    Net result +29.5k NOK → +98.4k NOK (net margin 0.7% → 2.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.15m NOK → 1 NOK (27% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 883.4k NOK → 881.8k NOK (equity ratio 33.1% → 31.0%). Calculated