FirmaIQ
Org.nr 841 564 812 2003 → 2004 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2004 vs 2003

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A KARLSEN & SØNN AS. Revenue 2.46m NOK → 2.40m NOK (-2.3%). Net result +305.9k NOK → +8 975 NOK. Equity 140.9k NOK → 149.9k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.

At a glance

Scorecard

Revenue
2.46m NOK 2.40m NOK
-2.3%
Operating result
+481.3k NOK +51.2k NOK
-89.4%
Net result
+305.9k NOK +8 975 NOK
-97.1%
Equity
140.9k NOK 149.9k NOK
+6.4%

What improved

  • ↑

    Equity strengthened

    Book equity 140.9k NOK → 149.9k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.46m NOK to 2.40m NOK (-2.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +481.3k NOK → +51.2k NOK (op. margin 19.6% → 2.1%). Calculated

  • ↓

    Net result weakened

    Net result +305.9k NOK → +8 975 NOK (net margin 12.4% → 0.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 855.3k NOK → 871.6k NOK (35% → 36% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 762.8k NOK → 110.9k NOK (-85.5% YoY). Calculated