A JONASSEN AS: årsregnskap 2004 vs 2003
Grew 40% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A JONASSEN AS. Revenue 1.69m NOK → 2.37m NOK (+39.8%). Net result +31.2k NOK → +186.8k NOK. Equity 99.2k NOK → 286.0k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A JONASSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.69m NOK to 2.37m NOK (+39.8% YoY). Calculated
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↑
Net result improved
Net result +31.2k NOK → +186.8k NOK (net margin 1.8% → 7.9%). Calculated
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↑
Equity strengthened
Book equity 99.2k NOK → 286.0k NOK (equity ratio 16.1% → 43.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +142.8k NOK → +94.6k NOK (op. margin 8.4% → 4.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 417.8k NOK → 445.7k NOK (25% → 19% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 769.6k NOK → 582.7k NOK (-24.3% YoY). Calculated