ABC AUTORISERTE KJØRESKOLE AS: årsregnskap 2004 vs 2003
Grew 26% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABC AUTORISERTE KJØRESKOLE AS. Revenue 1.38m NOK → 1.74m NOK (+25.9%). Net result +8 125 NOK → +40.1k NOK. Equity 95.2k NOK → 135.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC AUTORISERTE KJØRESKOLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.38m NOK to 1.74m NOK (+25.9% YoY). Calculated
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Operating result improved
Operating result +942 NOK → +62.7k NOK (op. margin 0.1% → 3.6%). Calculated
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Net result improved
Net result +8 125 NOK → +40.1k NOK (net margin 0.6% → 2.3%). Calculated
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Equity strengthened
Book equity 95.2k NOK → 135.4k NOK (equity ratio 35.3% → 42.4%). Calculated
Things to notice
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Payroll increased
Salary cost 676.4k NOK → 792.9k NOK (49% → 46% of revenue). Calculated
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COGS moved
COGS / varekostnad 117.8k NOK → 165.9k NOK (+40.9% YoY). Calculated