A/S Edvardsen Eiendom: årsregnskap 2004 vs 2003
Grew 13% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S Edvardsen Eiendom. Revenue 614.6k NOK → 692.9k NOK (+12.7%). Net result +2 003 NOK → +2 004 NOK. Equity 1.15m NOK → 928.8k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
614.6k NOK
692.9k NOK
+12.7%
Operating result
+134.2k NOK
-74.6k NOK
-155.6%
Net result
+2 003 NOK
+2 004 NOK
+0.0%
Equity
1.15m NOK
928.8k NOK
-19.3%
Total assets
4.67m NOK
4.60m NOK
-1.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 614.6k NOK to 692.9k NOK (+12.7% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 700 NOK → 1.70m NOK (+1.70m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +134.2k NOK → -74.6k NOK (op. margin 21.8% → -10.8%). Calculated
-
↓
Equity eroded
Book equity 1.15m NOK → 928.8k NOK (equity ratio 24.6% → 20.2%). Calculated