A/S Bulldozer Maskinlag: årsregnskap 2004 vs 2003
Grew 1212% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S Bulldozer Maskinlag. Revenue 3.10m NOK → 40.68m NOK (+1211.8%). Equity 10.33m NOK → 2.25m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Bulldozer Maskinlag.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.10m NOK to 40.68m NOK (+1211.8% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1 966 NOK → -366.9k NOK (op. margin 0.1% → -0.9%). Calculated
-
↓
Equity eroded
Book equity 10.33m NOK → 2.25m NOK (equity ratio 80.3% → 10.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 13.23× → 0.65× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.18m NOK → 1.49m NOK (38% → 4% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 13.02m NOK → 13.42m NOK (+3.0% YoY). Calculated