FirmaIQ
Org.nr 984 912 382 2003 → 2004 Year-over-year analysis

ACCELERATE BRANDS AS: årsregnskap 2004 vs 2003

Shrank 60% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACCELERATE BRANDS AS. Revenue 565.8k NOK → 224.8k NOK (-60.3%). Net result +11.8k NOK → +22.8k NOK. Equity 109.0k NOK → 86.2k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
565.8k NOK 224.8k NOK
-60.3%
Operating result
+20.2k NOK +29.8k NOK
+47.9%
Net result
+11.8k NOK +22.8k NOK
+93.4%
Equity
109.0k NOK 86.2k NOK
-20.9%
Cash
66.3k NOK 3 910 NOK
-94.1%
Total assets
221.0k NOK 200.3k NOK
-9.4%

What improved

  • ↑

    Operating result improved

    Operating result +20.2k NOK → +29.8k NOK (op. margin 3.6% → 13.3%). Calculated

  • ↑

    Net result improved

    Net result +11.8k NOK → +22.8k NOK (net margin 2.1% → 10.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 565.8k NOK to 224.8k NOK (-60.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 109.0k NOK → 86.2k NOK (equity ratio 49.3% → 43.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 66.3k NOK → 3 910 NOK (-94.1% YoY). Calculated