FirmaIQ
Org.nr 946 195 340 2003 → 2004 Year-over-year analysis

A/S POLYCORP: årsregnskap 2004 vs 2003

Shrank 16% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A/S POLYCORP. Revenue 112.5k NOK → 95.0k NOK (-15.6%). Net result -760.7k NOK → -206.4k NOK. Equity 6.71m NOK → 2.67m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S POLYCORP.

At a glance

Scorecard

Revenue
112.5k NOK 95.0k NOK
-15.6%
Operating result
-298.3k NOK -103.5k NOK
+65.3%
Net result
-760.7k NOK -206.4k NOK
+72.9%
Equity
6.71m NOK 2.67m NOK
-60.2%
Total assets
33.75m NOK 26.71m NOK
-20.9%

What improved

  • ↑

    Operating result improved

    Operating result -298.3k NOK → -103.5k NOK (op. margin -265.2% → -109.0%). Calculated

  • ↑

    Net result improved

    Net result -760.7k NOK → -206.4k NOK (net margin -676.2% → -217.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 112.5k NOK to 95.0k NOK (-15.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.71m NOK → 2.67m NOK (equity ratio 19.9% → 10.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.05m NOK → 2.76m NOK. Reported fact