ACELA HUND OG KATT AS: årsregnskap 2004 vs 2003
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACELA HUND OG KATT AS. Revenue 1.74m NOK → 1.81m NOK (+3.7%). Net result +46.2k NOK → +35.8k NOK. Equity 193.3k NOK → 177.5k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ACELA HUND OG KATT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.74m NOK to 1.81m NOK (+3.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.19m NOK → 250.6k NOK (126% → 14% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +118.0k NOK → +62.4k NOK (op. margin 6.8% → 3.5%). Calculated
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↓
Net result weakened
Net result +46.2k NOK → +35.8k NOK (net margin 2.7% → 2.0%). Calculated
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↓
Equity eroded
Book equity 193.3k NOK → 177.5k NOK (equity ratio 13.8% → 13.4%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 1.10m NOK → 1.20m NOK (+8.9% YoY). Calculated