ACAMS AS: årsregnskap 2004 vs 2003
Grew 127% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACAMS AS. Revenue 1.32m NOK → 2.99m NOK (+126.8%). Net result +23.7k NOK → +53.5k NOK. Equity 230.9k NOK → 609.9k 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 ACAMS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.32m NOK to 2.99m NOK (+126.8% YoY). Calculated
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Operating result improved
Operating result +28.6k NOK → +72.3k NOK (op. margin 2.2% → 2.4%). Calculated
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Net result improved
Net result +23.7k NOK → +53.5k NOK (net margin 1.8% → 1.8%). Calculated
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Equity strengthened
Book equity 230.9k NOK → 609.9k NOK (equity ratio 322.3% → 39.0%). Calculated
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Current ratio back above 1×
Current ratio 0.05× → 1.64×. Calculated
Things to notice
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·
Payroll increased
Salary cost 371.0k NOK → 458.8k NOK (28% → 15% of revenue). Calculated
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COGS moved
COGS / varekostnad 524.3k NOK → 920.6k NOK (+75.6% YoY). Calculated