A OVA AS: årsregnskap 2004 vs 2003
Grew 16% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A OVA AS. Revenue 256.9k NOK → 296.9k NOK (+15.6%). Net result +117.96bn NOK → +1 140 NOK. Equity 853.5k NOK → 854.6k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 256.9k NOK to 296.9k NOK (+15.6% YoY). Calculated
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↑
Equity strengthened
Book equity 853.5k NOK → 854.6k NOK (equity ratio 51.5% → 52.5%). Calculated
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↑
Cash rose
Bank deposits 120.6k NOK → 146.3k NOK (+21.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 215.1k NOK → 1 166 NOK (84% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +129.8k NOK → +6 820 NOK (op. margin 50.5% → 2.3%). Calculated
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↓
Net result weakened
Net result +117.96bn NOK → +1 140 NOK (net margin 45919480.5% → 0.4%). Calculated