FirmaIQ
Org.nr 932 056 674 2003 → 2004 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2004 vs 2003

Shrank 18% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A. LANGKAAS & SØNN AS. Revenue 7.03m NOK → 5.75m NOK (-18.3%). Net result +704.6k NOK → +774.2k NOK. Equity 4.04m NOK → 6.48m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
7.03m NOK 5.75m NOK
-18.3%
Operating result
+721.9k NOK +971.4k NOK
+34.6%
Net result
+704.6k NOK +774.2k NOK
+9.9%
Equity
4.04m NOK 6.48m NOK
+60.2%
Cash
6.32m NOK 2.87m NOK
-54.6%
Total assets
8.50m NOK 4.79m NOK
-43.7%

What improved

  • ↑

    Operating result improved

    Operating result +721.9k NOK → +971.4k NOK (op. margin 10.3% → 16.9%). Calculated

  • ↑

    Net result improved

    Net result +704.6k NOK → +774.2k NOK (net margin 10.0% → 13.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.04m NOK → 6.48m NOK (equity ratio 47.6% → 135.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.03m NOK to 5.75m NOK (-18.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 6.32m NOK → 2.87m NOK (-54.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.61× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 50.4k NOK → 226.1k NOK (+348.3% YoY). Calculated