Org.nr 984 619 200 2003 → 2004 Year-over-year analysis

ACCELERATOR AS: årsregnskap 2004 vs 2003

Grew 72% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACCELERATOR AS. Revenue 4.32m NOK → 7.43m NOK (+71.8%). Equity 121.0k NOK → 108.8k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACCELERATOR AS.

At a glance

Revenue

4.32m NOK 7.43m NOK

+71.8%

Operating result

+80.4k NOK +23.1k NOK

-71.3%

Equity

121.0k NOK 108.8k NOK

-10.0%

Total assets

893.6k NOK 650.2k NOK

-27.2%

↑
Revenue rose

Operating income / revenue moved from 4.32m NOK to 7.43m NOK (+71.8% YoY). Calculated
↑
Payroll decreased

Salary cost 2.51m NOK → 1.11m NOK (58% → 15% of revenue). Calculated

↓
Operating result weakened

Operating result +80.4k NOK → +23.1k NOK (op. margin 1.9% → 0.3%). Calculated
↓
Equity eroded

Book equity 121.0k NOK → 108.8k NOK (equity ratio 13.5% → 16.7%). Calculated