AB EIENDOMMER AS: årsregnskap 2004 vs 2003
Grew 14% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AB EIENDOMMER AS. Revenue 5.55m NOK → 6.31m NOK (+13.7%). Net result +3 826 NOK → +3.84m NOK. Equity 34.69m NOK → 28.53m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AB EIENDOMMER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.55m NOK to 6.31m NOK (+13.7% YoY). Calculated
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↑
Operating result improved
Operating result +4.24m NOK → +5.32m NOK (op. margin 76.4% → 84.3%). Calculated
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↑
Net result improved
Net result +3 826 NOK → +3.84m NOK (net margin 0.1% → 60.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 34.69m NOK → 28.53m NOK (equity ratio 63.4% → 56.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 604.0k NOK. Reported fact