FirmaIQ
Org.nr 984 648 324 2003 → 2004 Year-over-year analysis

ACINOR AS: årsregnskap 2004 vs 2003

Shrank 65% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACINOR AS. Revenue 518.5k NOK → 179.2k NOK (-65.4%). Net result +4 230 NOK → +402.9k NOK. Equity 4.16m NOK → 175.0k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
518.5k NOK 179.2k NOK
-65.4%
Operating result
+313.7k NOK +558.6k NOK
+78.1%
Net result
+4 230 NOK +402.9k NOK
+9424.2%
Equity
4.16m NOK 175.0k NOK
-95.8%
Cash
320.7k NOK 176.4k NOK
-45.0%
Total assets
441.7k NOK 73.8k NOK
-83.3%

What improved

  • ↑

    Operating result improved

    Operating result +313.7k NOK → +558.6k NOK (op. margin 60.5% → 311.7%). Calculated

  • ↑

    Net result improved

    Net result +4 230 NOK → +402.9k NOK (net margin 0.8% → 224.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 518.5k NOK to 179.2k NOK (-65.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.16m NOK → 175.0k NOK (equity ratio 942.3% → 237.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 320.7k NOK → 176.4k NOK (-45.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.58× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 37.1k NOK → 320.7k NOK (+765.5% YoY). Calculated