FirmaIQ
Org.nr 922 813 094 2003 → 2004 Year-over-year analysis

A&M EIENDOM AS: årsregnskap 2004 vs 2003

Shrank 95% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A&M EIENDOM AS. Revenue 47.85m NOK → 2.60m NOK (-94.6%). Net result +987.9k NOK → +854.3k NOK. Equity 7.34m NOK → 3.41m NOK.

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

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A&M EIENDOM AS.

At a glance

Scorecard

Revenue
47.85m NOK 2.60m NOK
-94.6%
Operating result
+3.65m NOK +1.77m NOK
-51.5%
Net result
+987.9k NOK +854.3k NOK
-13.5%
Equity
7.34m NOK 3.41m NOK
-53.5%
Total assets
29.08m NOK 16.99m NOK
-41.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 9.07m NOK → 0 NOK (19% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.85m NOK to 2.60m NOK (-94.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.65m NOK → +1.77m NOK (op. margin 7.6% → 68.0%). Calculated

  • ↓

    Net result weakened

    Net result +987.9k NOK → +854.3k NOK (net margin 2.1% → 32.9%). Calculated

  • ↓

    Equity eroded

    Book equity 7.34m NOK → 3.41m NOK (equity ratio 25.3% → 20.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.13× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 6.62m NOK → 2.38m NOK — check capital reduction, conversion, or reclassification. Interpretation