FirmaIQ
Org.nr 915 479 529 2003 → 2004 Year-over-year analysis

A HELGESEN EIENDOM AS: årsregnskap 2004 vs 2003

Stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A HELGESEN EIENDOM AS. Revenue 2.16m NOK → 2.16m NOK (-0.0%). Net result +475.7k NOK → +618.6k NOK. Equity 5.35m NOK → 5.33m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.16m NOK 2.16m NOK
-0.0%
Operating result
+603.3k NOK +860.7k NOK
+42.7%
Net result
+475.7k NOK +618.6k NOK
+30.0%
Equity
5.35m NOK 5.33m NOK
-0.4%
Total assets
8.07m NOK 8.10m NOK
+0.4%

What improved

  • ↑

    Operating result improved

    Operating result +603.3k NOK → +860.7k NOK (op. margin 27.9% → 39.8%). Calculated

  • ↑

    Net result improved

    Net result +475.7k NOK → +618.6k NOK (net margin 22.0% → 28.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 380.7k NOK → 349.0k NOK (18% → 16% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.16m NOK to 2.16m NOK (-0.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 5.35m NOK → 5.33m NOK (equity ratio 66.3% → 65.8%). Calculated