ACCILLION AS: årsregnskap 2004 vs 2003
Shrank 105% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACCILLION AS. Revenue 420.5k NOK → -22.8k NOK (-105.4%). Net result -14.1k NOK → +367.6k NOK. Equity 75.1k NOK → 136.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCILLION AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +474 NOK → +716 NOK (op. margin 0.1% → -3.1%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 14.1k NOK to a profit of 367.6k NOK. Calculated
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↑
Equity strengthened
Book equity 75.1k NOK → 136.7k NOK (equity ratio 13.4% → 38.4%). Calculated
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↑
Payroll decreased
Salary cost 2 003 NOK → -22.8k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 420.5k NOK to -22.8k NOK (-105.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 858 NOK → 4 513 NOK. Reported fact