Org.nr 984 009 844 2003 → 2004 Year-over-year analysis

ACCESS LÅSSPESIALISTEN AS: årsregnskap 2004 vs 2003

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ACCESS LÅSSPESIALISTEN AS. Revenue 6.18m NOK → 6.08m NOK (-1.7%). Net result +90.4k NOK → +136.9k NOK. Equity 353.5k NOK → 490.4k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
6.18m NOK 6.08m NOK
-1.7%
Operating result
+2 517 NOK +310.6k NOK
+12238.5%
Net result
+90.4k NOK +136.9k NOK
+51.5%
Equity
353.5k NOK 490.4k NOK
+38.7%
Cash
305.3k NOK 880.1k NOK
+188.3%
Total assets
2.97m NOK 3.21m NOK
+8.1%

What improved

  • ↑

    Operating result improved

    Operating result +2 517 NOK → +310.6k NOK (op. margin 0.0% → 5.1%). Calculated

  • ↑

    Net result improved

    Net result +90.4k NOK → +136.9k NOK (net margin 1.5% → 2.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 353.5k NOK → 490.4k NOK (equity ratio 11.9% → 15.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 305.3k NOK → 880.1k NOK (+188.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 3.81×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.18m NOK to 6.08m NOK (-1.7% YoY). Calculated