A M ANGVIK AS: årsregnskap 2004 vs 2003
Grew 12% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A M ANGVIK AS. Revenue 21.56m NOK → 24.09m NOK (+11.7%). Equity 4.59m NOK → 1.19m NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A M ANGVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.56m NOK to 24.09m NOK (+11.7% YoY). Calculated
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↑
Operating result improved
Operating result +143.9k NOK → +1.08m NOK (op. margin 0.7% → 4.5%). Calculated
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↑
Payroll decreased
Salary cost 426.2k NOK → 418.8k NOK (2% → 2% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 4.59m NOK → 1.19m NOK (equity ratio 41.7% → 10.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 19.38m NOK → 22.02m NOK (+13.6% YoY). Calculated