ABC KRÜGER TRAFIKKSKOLE AS: årsregnskap 2004 vs 2003
Grew 15% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABC KRÜGER TRAFIKKSKOLE AS. Revenue 2.96m NOK → 3.41m NOK (+15.3%). Net result +44.5k NOK → +267.8k NOK. Equity 144.5k NOK → 183.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABC KRÜGER TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.96m NOK to 3.41m NOK (+15.3% YoY). Calculated
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Operating result improved
Operating result +136.5k NOK → +440.6k NOK (op. margin 4.6% → 12.9%). Calculated
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Net result improved
Net result +44.5k NOK → +267.8k NOK (net margin 1.5% → 7.9%). Calculated
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Equity strengthened
Book equity 144.5k NOK → 183.2k NOK (equity ratio 9.9% → 10.0%). Calculated
Things to notice
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Payroll increased
Salary cost 1.75m NOK → 1.98m NOK (59% → 58% of revenue). Calculated