FirmaIQ
Org.nr 984 548 648 2003 → 2004 Year-over-year analysis

A/STAB AS: årsregnskap 2004 vs 2003

Shrank 64% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A/STAB AS. Revenue 11.55m NOK → 4.16m NOK (-64.0%). Net result +1.24m NOK → +366.0k NOK. Equity 5.34m NOK → 100.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/STAB AS.

At a glance

Scorecard

Revenue
11.55m NOK 4.16m NOK
-64.0%
Operating result
+1.97m NOK +563.7k NOK
-71.4%
Net result
+1.24m NOK +366.0k NOK
-70.4%
Equity
5.34m NOK 100.1k NOK
-98.1%
Total assets
2.00m NOK 980.5k NOK
-51.0%

What improved

  • ↑

    Payroll decreased

    Salary cost 20.0k NOK → -20.0k NOK (0% → -0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.55m NOK to 4.16m NOK (-64.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.97m NOK → +563.7k NOK (op. margin 17.1% → 13.6%). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +366.0k NOK (net margin 10.7% → 8.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.34m NOK → 100.1k NOK (equity ratio 266.9% → 10.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.14m NOK → 3.41m NOK (-62.7% YoY). Calculated