A/S Skog: årsregnskap 2004 vs 2003
Grew 137% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S Skog. Revenue 272.4k NOK → 644.9k NOK (+136.7%). Net result +7 289 NOK → +4 146 NOK. Equity 606.4k NOK → 610.6k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: net result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
272.4k NOK
644.9k NOK
+136.7%
Operating result
+7 251 NOK
n/m
—
Net result
+7 289 NOK
+4 146 NOK
-43.1%
Equity
606.4k NOK
610.6k NOK
+0.7%
Total assets
621.4k NOK
849.3k NOK
+36.7%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 272.4k NOK to 644.9k NOK (+136.7% YoY). Calculated
-
↑
Equity strengthened
Book equity 606.4k NOK → 610.6k NOK (equity ratio 97.6% → 71.9%). Calculated
-
↑
Payroll decreased
Salary cost 126.9k NOK → 114.1k NOK (47% → 18% of revenue). Calculated
What deteriorated
-
↓
Net result weakened
Net result +7 289 NOK → +4 146 NOK (net margin 2.7% → 0.6%). Calculated