ACCION AS: årsregnskap 2004 vs 2003
Grew 26% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACCION AS. Revenue 446.4k NOK → 563.9k NOK (+26.3%). Net result +40.0k NOK → +1.50m NOK. Equity 616.8k NOK → 850.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCION AS.
At a glance
Scorecard
Revenue
446.4k NOK
563.9k NOK
+26.3%
Operating result
+9 357 NOK
n/m
—
Net result
+40.0k NOK
+1.50m NOK
+3659.1%
Equity
616.8k NOK
850.4k NOK
+37.9%
Cash
2 087 NOK
n/m
—
Total assets
2.62m NOK
4.92m NOK
+88.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 446.4k NOK to 563.9k NOK (+26.3% YoY). Calculated
-
↑
Net result improved
Net result +40.0k NOK → +1.50m NOK (net margin 9.0% → 266.9%). Calculated
-
↑
Equity strengthened
Book equity 616.8k NOK → 850.4k NOK (equity ratio 23.6% → 17.3%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.00m NOK → 2.00m NOK. Reported fact