A L Høyer Askim AS: årsregnskap 2004 vs 2003
Grew 11% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A L Høyer Askim AS. Revenue 4.68m NOK → 5.21m NOK (+11.2%). Equity 176.6k NOK → 254.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for A L Høyer Askim AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.68m NOK to 5.21m NOK (+11.2% YoY). Calculated
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↑
Equity strengthened
Book equity 176.6k NOK → 254.6k NOK (equity ratio 10.0% → 14.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +620.9k NOK → +584.3k NOK (op. margin 13.3% → 11.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 250 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 3.10m NOK → 3.64m NOK (66% → 70% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 51.9k NOK → 29.3k NOK (-43.7% YoY). Calculated