FirmaIQ
Org.nr 917 215 014 2003 → 2004 Year-over-year analysis

A VISNES TRANSPORT AS: årsregnskap 2004 vs 2003

Mixed movements in the accounts

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for A VISNES TRANSPORT AS. Revenue 16.84m NOK → 16.85m NOK (+0.1%). Equity 791.5k NOK → 480.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A VISNES TRANSPORT AS.

At a glance

Scorecard

Revenue
16.84m NOK 16.85m NOK
+0.1%
Operating result
+166.4k NOK -275.8k NOK
-265.8%
Equity
791.5k NOK 480.4k NOK
-39.3%
Total assets
n/m 8.03m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.84m NOK to 16.85m NOK (+0.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +166.4k NOK → -275.8k NOK (op. margin 1.0% → -1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 791.5k NOK → 480.4k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.21× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 5.19m NOK → 5.64m NOK (31% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 215.4k NOK → 524.5k NOK (+143.5% YoY). Calculated