A/S SVOLDERHUS: årsregnskap 2004 vs 2003
Shrank 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A/S SVOLDERHUS. Revenue 347.9k NOK → 318.4k NOK (-8.5%). Net result +326.2k NOK → +86.6k NOK. Equity 10.69m NOK → 10.69m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.98× → 23.17×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 347.9k NOK to 318.4k NOK (-8.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +79.0k NOK → +57.3k NOK (op. margin 22.7% → 18.0%). Calculated
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↓
Net result weakened
Net result +326.2k NOK → +86.6k NOK (net margin 93.8% → 27.2%). Calculated
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↓
Equity eroded
Book equity 10.69m NOK → 10.69m NOK (equity ratio 158.5% → 155.9%). Calculated