FirmaIQ
Org.nr 983 384 099 2003 → 2004 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2004 vs 2003

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A-TECH PROFFSERVICE AS. Revenue 1.38m NOK → 1.20m NOK (-12.6%). Net result +28.2k NOK → +2.42m NOK. Equity 134.1k NOK → 283.1k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.

At a glance

Scorecard

Revenue
1.38m NOK 1.20m NOK
-12.6%
Operating result
+11.1k NOK n/m
—
Net result
+28.2k NOK +2.42m NOK
+8458.7%
Equity
134.1k NOK 283.1k NOK
+111.1%
Total assets
146.2k NOK 6.71m NOK
+4492.0%

What improved

  • ↑

    Net result improved

    Net result +28.2k NOK → +2.42m NOK (net margin 2.1% → 200.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 134.1k NOK → 283.1k NOK (equity ratio 91.7% → 4.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.38m NOK to 1.20m NOK (-12.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 630.1k NOK (0% → 52% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 473.3k NOK → 906 NOK (-99.8% YoY). Calculated