FirmaIQ
Org.nr 967 533 130 2003 → 2004 Year-over-year analysis

A M AAGAARD AS: årsregnskap 2004 vs 2003

Stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A M AAGAARD AS. Revenue 3.23m NOK → 3.23m NOK (-0.1%). Net result +38.7k NOK → +51.9k NOK. Equity 245.4k NOK → 107.3k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A M AAGAARD AS.

At a glance

Scorecard

Revenue
3.23m NOK 3.23m NOK
-0.1%
Operating result
+57.3k NOK +101.4k NOK
+77.1%
Net result
+38.7k NOK +51.9k NOK
+34.1%
Equity
245.4k NOK 107.3k NOK
-56.3%
Total assets
1.04m NOK 964.5k NOK
-7.6%

What improved

  • ↑

    Operating result improved

    Operating result +57.3k NOK → +101.4k NOK (op. margin 1.8% → 3.1%). Calculated

  • ↑

    Net result improved

    Net result +38.7k NOK → +51.9k NOK (net margin 1.2% → 1.6%). Calculated

  • ↑

    Payroll decreased

    Salary cost 803.4k NOK → 703.1k NOK (25% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.23m NOK to 3.23m NOK (-0.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 245.4k NOK → 107.3k NOK (equity ratio 23.5% → 11.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.66m NOK → 1.63m NOK (-2.1% YoY). Calculated