FirmaIQ
Org.nr 930 664 758 2003 → 2004 Year-over-year analysis

A HILLESTAD AS: årsregnskap 2004 vs 2003

Shrank 8% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A HILLESTAD AS. Revenue 29.0k NOK → 26.8k NOK (-7.6%). Net result +82.5k NOK → +19.4k NOK. Equity 21.7k NOK → 2 321 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A HILLESTAD AS.

At a glance

Scorecard

Revenue
29.0k NOK 26.8k NOK
-7.6%
Operating result
+102.3k NOK +386 NOK
-99.6%
Net result
+82.5k NOK +19.4k NOK
-76.5%
Equity
21.7k NOK 2 321 NOK
-89.3%
Total assets
389.8k NOK 511.2k NOK
+31.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.0k NOK to 26.8k NOK (-7.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +102.3k NOK → +386 NOK (op. margin 352.7% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +82.5k NOK → +19.4k NOK (net margin 284.4% → 72.4%). Calculated

  • ↓

    Equity eroded

    Book equity 21.7k NOK → 2 321 NOK (equity ratio 5.6% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation