A/S Naufgården: årsregnskap 2004 vs 2003
Shrank 10% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S Naufgården. Revenue 665.4k NOK → 600.4k NOK (-9.8%). Net result +119.5k NOK → +160.4k NOK. Equity 1.78m NOK → 1.78m NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
665.4k NOK
600.4k NOK
-9.8%
Operating result
+311.2k NOK
+244.2k NOK
-21.5%
Net result
+119.5k NOK
+160.4k NOK
+34.2%
Equity
1.78m NOK
1.78m NOK
+0.0%
Cash
251.5k NOK
404.6k NOK
+60.8%
Total assets
4.36m NOK
4.54m NOK
+4.0%
What improved
-
↑
Net result improved
Net result +119.5k NOK → +160.4k NOK (net margin 18.0% → 26.7%). Calculated
-
↑
Cash rose
Bank deposits 251.5k NOK → 404.6k NOK (+60.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 665.4k NOK to 600.4k NOK (-9.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +311.2k NOK → +244.2k NOK (op. margin 46.8% → 40.7%). Calculated