A/S Stortorvet 5: årsregnskap 2004 vs 2003
Shrank 8% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S Stortorvet 5. Revenue 1.92m NOK → 1.77m NOK (-7.8%). Net result +937.5k NOK → +831.5k NOK. Equity 3.15m NOK → 2.28m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.92m NOK
1.77m NOK
-7.8%
Operating result
+1.28m NOK
+1.15m NOK
-10.2%
Net result
+937.5k NOK
+831.5k NOK
-11.3%
Equity
3.15m NOK
2.28m NOK
-27.6%
Total assets
4.08m NOK
4.43m NOK
+8.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.92m NOK to 1.77m NOK (-7.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.28m NOK → +1.15m NOK (op. margin 66.5% → 64.8%). Calculated
-
↓
Net result weakened
Net result +937.5k NOK → +831.5k NOK (net margin 48.7% → 46.9%). Calculated
-
↓
Equity eroded
Book equity 3.15m NOK → 2.28m NOK (equity ratio 77.2% → 51.5%). Calculated