A38 INVEST AS: årsregnskap 2004 vs 2003
Grew 21% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A38 INVEST AS. Revenue 5.21m NOK → 6.32m NOK (+21.5%). Equity 964.6k NOK → 243.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A38 INVEST AS.
At a glance
Scorecard
Revenue
5.21m NOK
6.32m NOK
+21.5%
Operating result
+551.9k NOK
+50.3k NOK
-90.9%
Equity
964.6k NOK
243.4k NOK
-74.8%
Total assets
1.88m NOK
n/m
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.21m NOK to 6.32m NOK (+21.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +551.9k NOK → +50.3k NOK (op. margin 10.6% → 0.8%). Calculated
-
↓
Equity eroded
Book equity 964.6k NOK → 243.4k NOK. Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.50m NOK → 3.55m NOK (67% → 56% of revenue). Calculated