A STAKE AS: årsregnskap 2004 vs 2003
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A STAKE AS. Revenue 3.95m NOK → 4.07m NOK (+2.9%). Net result +31.0k NOK → +60.8k NOK. Equity 149.7k NOK → 88.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A STAKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.95m NOK to 4.07m NOK (+2.9% YoY). Calculated
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↑
Net result improved
Net result +31.0k NOK → +60.8k NOK (net margin 0.8% → 1.5%). Calculated
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↑
Cash rose
Bank deposits 4 039 NOK → 64.9k NOK (+1507.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +76.1k NOK → +67.6k NOK (op. margin 1.9% → 1.7%). Calculated
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↓
Equity eroded
Book equity 149.7k NOK → 88.9k NOK (equity ratio 13.3% → 11.7%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.46m NOK → 1.70m NOK (+17.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.8k NOK → 0 NOK. Reported fact