FirmaIQ
Org.nr 931 904 485 2003 → 2004 Year-over-year analysis

A LEVERSUND & CO AS: årsregnskap 2004 vs 2003

Shrank 31% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A LEVERSUND & CO AS. Revenue 4.57m NOK → 3.14m NOK (-31.3%). Net result +595.5k NOK → +411.6k NOK. Equity 223.3k NOK → 179.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.57m NOK 3.14m NOK
-31.3%
Operating result
+841.6k NOK +523.6k NOK
-37.8%
Net result
+595.5k NOK +411.6k NOK
-30.9%
Equity
223.3k NOK 179.9k NOK
-19.4%
Cash
513.4k NOK 897.3k NOK
+74.8%
Total assets
2.14m NOK n/m
—

What improved

  • ↑

    Cash rose

    Bank deposits 513.4k NOK → 897.3k NOK (+74.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.57m NOK to 3.14m NOK (-31.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +841.6k NOK → +523.6k NOK (op. margin 18.4% → 16.7%). Calculated

  • ↓

    Net result weakened

    Net result +595.5k NOK → +411.6k NOK (net margin 13.0% → 13.1%). Calculated

  • ↓

    Equity eroded

    Book equity 223.3k NOK → 179.9k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.46m NOK → 8.50m NOK (32% → 271% of revenue). Calculated