FirmaIQ
Org.nr 976 160 622 2003 → 2004 Year-over-year analysis

A OLSEN & SØNN AS: årsregnskap 2004 vs 2003

Shrank 32% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A OLSEN & SØNN AS. Revenue 1.20m NOK → 821.0k NOK (-31.5%). Net result +8 275 NOK → +16.9k NOK. Equity 60.8k NOK → 77.7k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A OLSEN & SØNN AS.

At a glance

Scorecard

Revenue
1.20m NOK 821.0k NOK
-31.5%
Operating result
+67.0k NOK +37.2k NOK
-44.6%
Net result
+8 275 NOK +16.9k NOK
+104.1%
Equity
60.8k NOK 77.7k NOK
+27.8%
Total assets
998.6k NOK 834.1k NOK
-16.5%

What improved

  • ↑

    Net result improved

    Net result +8 275 NOK → +16.9k NOK (net margin 0.7% → 2.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 60.8k NOK → 77.7k NOK (equity ratio 6.1% → 9.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 420.4k NOK → 172.5k NOK (35% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.20m NOK to 821.0k NOK (-31.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +67.0k NOK → +37.2k NOK (op. margin 5.6% → 4.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.8k NOK → 3 399 NOK (-73.4% YoY). Calculated