A STEEN TRANSPORT AS: årsregnskap 2004 vs 2003
Grew 7% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A STEEN TRANSPORT AS. Revenue 2.98m NOK → 3.20m NOK (+7.2%). Net result +51.8k NOK → +10.6k NOK. Equity 48.2k NOK → 58.9k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.98m NOK to 3.20m NOK (+7.2% YoY). Calculated
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↑
Equity strengthened
Book equity 48.2k NOK → 58.9k NOK (equity ratio 10.1% → 11.7%). Calculated
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↑
Payroll decreased
Salary cost 2.78m NOK → 719.7k NOK (93% → 23% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +66.4k NOK → +28.0k NOK (op. margin 2.2% → 0.9%). Calculated
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↓
Net result weakened
Net result +51.8k NOK → +10.6k NOK (net margin 1.7% → 0.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 16.0k NOK → 49.7k NOK (+210.0% YoY). Calculated