A MIDDELTHON AS: årsregnskap 2004 vs 2003
Shrank 90% on revenue, stronger earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A MIDDELTHON AS. Revenue 1.07m NOK → 106.8k NOK (-90.0%). Net result +43.1k NOK → +180.1k NOK. Equity 2.12m NOK → 831.1k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +444.4k NOK → +595.5k NOK (op. margin 41.6% → 557.6%). Calculated
-
↑
Net result improved
Net result +43.1k NOK → +180.1k NOK (net margin 4.0% → 168.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.07m NOK to 106.8k NOK (-90.0% YoY). Calculated
-
↓
Equity eroded
Book equity 2.12m NOK → 831.1k NOK. Calculated
-
↓
Cash fell
Bank deposits 29.7k NOK → 13.1k NOK (-55.9% YoY). Calculated