Org.nr 844 308 302 2003 → 2004 Year-over-year analysis

ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2004 vs 2003

Grew 99% on revenue, returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 243.0k NOK → 484.4k NOK (+99.3%). Net result -59.1k NOK → +108.8k NOK. Equity 82.4k NOK → 121.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

Scorecard

Revenue
243.0k NOK 484.4k NOK
+99.3%
Operating result
-80.7k NOK +158.2k NOK
+295.9%
Net result
-59.1k NOK +108.8k NOK
+284.1%
Equity
82.4k NOK 121.3k NOK
+47.2%
Cash
28.6k NOK n/m
—
Total assets
138.3k NOK 268.3k NOK
+93.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 243.0k NOK to 484.4k NOK (+99.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -80.7k NOK → +158.2k NOK (op. margin -33.2% → 32.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 59.1k NOK to a profit of 108.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 82.4k NOK → 121.3k NOK (equity ratio 59.6% → 45.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.74× → 1.63×. Calculated