A.R. CONSULTING AS: årsregnskap 2004 vs 2003
Grew 25% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A.R. CONSULTING AS. Revenue 2.82m NOK → 3.53m NOK (+25.3%). Net result -84.9k NOK → +263.3k NOK. Equity 66.4k NOK → 185.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A.R. CONSULTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.82m NOK to 3.53m NOK (+25.3% YoY). Calculated
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Operating result improved
Operating result -46.8k NOK → +439.3k NOK (op. margin -1.7% → 12.4%). Calculated
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Turned profitable
Net result flipped from a loss of 84.9k NOK to a profit of 263.3k NOK. Calculated
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Equity strengthened
Book equity 66.4k NOK → 185.7k NOK (equity ratio 4.6% → 21.7%). Calculated
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Payroll decreased
Salary cost 1.90m NOK → 1 995 NOK (67% → 0% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1 199 NOK → 31.3k NOK (+2509.4% YoY). Calculated