Org.nr 972 416 533 2003 → 2004 Year-over-year analysis

A TIL Å ENTREPRENØR AS: årsregnskap 2004 vs 2003

Grew 34% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A TIL Å ENTREPRENØR AS. Revenue 22.53m NOK → 30.12m NOK (+33.6%). Equity 1.72m NOK → 835 NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A TIL Å ENTREPRENØR AS.

At a glance

Revenue

22.53m NOK 30.12m NOK

+33.6%

Operating result

+1.69m NOK n/m

—

Net result

n/m +789.0k NOK

—

Equity

1.72m NOK 835 NOK

-100.0%

Cash

n/m 133.3k NOK

—

Total assets

10.46m NOK 9.48m NOK

-9.4%

↑
Revenue rose

Operating income / revenue moved from 22.53m NOK to 30.12m NOK (+33.6% YoY). Calculated
↑
Payroll decreased

Salary cost 5.49m NOK → -6.78m NOK (24% → -23% of revenue). Calculated

↓
Equity eroded

Book equity 1.72m NOK → 835 NOK (equity ratio 16.5% → 0.0%). Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 12.74m NOK → -19.44m NOK (-252.6% YoY). Calculated