A7 PRINT AS: årsregnskap 2004 vs 2003
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for A7 PRINT AS. Revenue 3.37m NOK → 2.89m NOK (-14.5%). Equity 637.8k NOK → 492.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A7 PRINT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.45m NOK → 1.29m NOK (43% → 45% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.37m NOK to 2.89m NOK (-14.5% YoY). Calculated
-
↓
Operating result weakened
Operating result -55.8k NOK → -141.6k NOK (op. margin -1.7% → -4.9%). Calculated
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↓
Equity eroded
Book equity 637.8k NOK → 492.5k NOK (equity ratio 58.9% → 60.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 245.4k NOK → 192.3k NOK (-21.7% YoY). Calculated