A/S MERKURGÅRDEN: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S MERKURGÅRDEN. Revenue 9.51m NOK → 9.30m NOK (-2.2%). Equity 2.65m NOK → 4.76m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S MERKURGÅRDEN.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.65m NOK → 4.76m NOK (equity ratio 10.8% → 27.9%). Calculated
-
↑
Payroll decreased
Salary cost 2.79m NOK → 2.71m NOK (29% → 29% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.51m NOK to 9.30m NOK (-2.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.27m NOK → +2.78m NOK (op. margin 34.4% → 29.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.07m NOK → 8.96m NOK. Reported fact