A/S KATRO: årsregnskap 2004 vs 2003
Shrank 10% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S KATRO. Revenue 296.0k NOK → 265.3k NOK (-10.4%). Net result +8 794 NOK → +5 197 NOK. Equity 92.5k NOK → 87.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
296.0k NOK
265.3k NOK
-10.4%
Operating result
+12.3k NOK
+6 849 NOK
-44.2%
Net result
+8 794 NOK
+5 197 NOK
-40.9%
Equity
92.5k NOK
87.3k NOK
-5.6%
Total assets
120.2k NOK
113.2k NOK
-5.8%
What improved
-
↑
Payroll decreased
Salary cost 181.4k NOK → 85.5k NOK (61% → 32% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 296.0k NOK to 265.3k NOK (-10.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +12.3k NOK → +6 849 NOK (op. margin 4.1% → 2.6%). Calculated
-
↓
Net result weakened
Net result +8 794 NOK → +5 197 NOK (net margin 3.0% → 2.0%). Calculated
-
↓
Equity eroded
Book equity 92.5k NOK → 87.3k NOK (equity ratio 77.0% → 77.2%). Calculated