FirmaIQ
Org.nr 946 995 517 2003 → 2004 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2004 vs 2003

A steady year on the published lines

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A/S Even Cudrio. Revenue 11.53m NOK → 11.28m NOK (-2.2%). Net result +448.2k NOK → +446.7k NOK. Equity 397.9k NOK → 444.6k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Even Cudrio.

At a glance

Scorecard

Revenue
11.53m NOK 11.28m NOK
-2.2%
Operating result
+776.7k NOK +745.1k NOK
-4.1%
Net result
+448.2k NOK +446.7k NOK
-0.3%
Equity
397.9k NOK 444.6k NOK
+11.7%
Total assets
3.95m NOK 4.16m NOK
+5.2%

What improved

  • ↑

    Equity strengthened

    Book equity 397.9k NOK → 444.6k NOK (equity ratio 10.1% → 10.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.53m NOK to 11.28m NOK (-2.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +776.7k NOK → +745.1k NOK (op. margin 6.7% → 6.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.17m NOK → 4.39m NOK (36% → 39% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.64m NOK → 4.10m NOK (-11.6% YoY). Calculated