A/S LANDÅSVEIEN 5 & 7: årsregnskap 2004 vs 2003
Grew 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S LANDÅSVEIEN 5 & 7. Revenue 204.2k NOK → 217.7k NOK (+6.6%). Net result +60.3k NOK → +47.3k NOK. Equity 292.8k NOK → 340.1k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
204.2k NOK
217.7k NOK
+6.6%
Operating result
+79.7k NOK
+69.3k NOK
-13.0%
Net result
+60.3k NOK
+47.3k NOK
-21.7%
Equity
292.8k NOK
340.1k NOK
+16.1%
Total assets
552.0k NOK
779.9k NOK
+41.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 204.2k NOK to 217.7k NOK (+6.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 292.8k NOK → 340.1k NOK (equity ratio 53.0% → 43.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +79.7k NOK → +69.3k NOK (op. margin 39.0% → 31.9%). Calculated
-
↓
Net result weakened
Net result +60.3k NOK → +47.3k NOK (net margin 29.6% → 21.7%). Calculated