A J STANGELAND EIENDOM AS: årsregnskap 2004 vs 2003
Grew 6% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A J STANGELAND EIENDOM AS. Revenue 1.16m NOK → 1.23m NOK (+5.8%). Net result +580.2k NOK → +714.5k NOK. Equity 512.2k NOK → 604.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A J STANGELAND EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.16m NOK to 1.23m NOK (+5.8% YoY). Calculated
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↑
Net result improved
Net result +580.2k NOK → +714.5k NOK (net margin 50.1% → 58.3%). Calculated
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↑
Equity strengthened
Book equity 512.2k NOK → 604.2k NOK (equity ratio 10.0% → 10.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +953.6k NOK → +8 696 NOK (op. margin 82.4% → 0.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.50m NOK → 0 NOK. Reported fact