FirmaIQ
Org.nr 964 217 890 2003 → 2004 Year-over-year analysis

A PEDERSEN-MJAANES AS: årsregnskap 2004 vs 2003

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A PEDERSEN-MJAANES AS. Revenue 2.83m NOK → 2.92m NOK (+3.4%). Net result +432.0k NOK → +332.9k NOK. Equity 696.4k NOK → 177.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.

At a glance

Scorecard

Revenue
2.83m NOK 2.92m NOK
+3.4%
Operating result
+602.6k NOK +475.0k NOK
-21.2%
Net result
+432.0k NOK +332.9k NOK
-22.9%
Equity
696.4k NOK 177.3k NOK
-74.5%
Total assets
1.31m NOK 1.34m NOK
+2.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.83m NOK to 2.92m NOK (+3.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +602.6k NOK → +475.0k NOK (op. margin 21.3% → 16.3%). Calculated

  • ↓

    Net result weakened

    Net result +432.0k NOK → +332.9k NOK (net margin 15.3% → 11.4%). Calculated

  • ↓

    Equity eroded

    Book equity 696.4k NOK → 177.3k NOK (equity ratio 53.2% → 13.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.89m NOK → 2.06m NOK (+9.3% YoY). Calculated