Org.nr 963 544 731 2003 → 2004 Year-over-year analysis

A. HANSEN GRUPPEN AS: årsregnskap 2004 vs 2003

Grew 35% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A. HANSEN GRUPPEN AS. Revenue 18.59m NOK → 25.18m NOK (+35.5%). Equity 765.3k NOK → 835.7k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. HANSEN GRUPPEN AS.

At a glance

Revenue

18.59m NOK 25.18m NOK

+35.5%

Operating result

+122.4k NOK +423.3k NOK

+245.9%

Equity

765.3k NOK 835.7k NOK

+9.2%

Cash

483.2k NOK n/m

—

Total assets

5.07m NOK 7.09m NOK

+39.7%

↑
Revenue rose

Operating income / revenue moved from 18.59m NOK to 25.18m NOK (+35.5% YoY). Calculated
↑
Operating result improved

Operating result +122.4k NOK → +423.3k NOK (op. margin 0.7% → 1.7%). Calculated
↑
Equity strengthened

Book equity 765.3k NOK → 835.7k NOK (equity ratio 15.1% → 11.8%). Calculated

·
Payroll increased

Salary cost 2 003 NOK → 5.79m NOK (0% → 23% of revenue). Calculated
·
COGS moved

COGS / varekostnad 9.63m NOK → 11.41m NOK (+18.5% YoY). Calculated