Org.nr 979 334 974 2003 → 2004 Year-over-year analysis

ACK ARKITEKTER AS: årsregnskap 2004 vs 2003

Shrank 25% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ACK ARKITEKTER AS. Revenue 3.47m NOK → 2.61m NOK (-24.9%). Net result +471.3k NOK → +3 082 NOK. Equity 172.2k NOK → 175.3k NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
3.47m NOK 2.61m NOK
-24.9%
Operating result
+653.4k NOK +8 486 NOK
-98.7%
Net result
+471.3k NOK +3 082 NOK
-99.3%
Equity
172.2k NOK 175.3k NOK
+1.8%
Cash
520.8k NOK 247.1k NOK
-52.5%
Total assets
1.72m NOK 1.32m NOK
-23.0%

What improved

  • ↑

    Equity strengthened

    Book equity 172.2k NOK → 175.3k NOK (equity ratio 10.0% → 13.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.47m NOK to 2.61m NOK (-24.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +653.4k NOK → +8 486 NOK (op. margin 18.8% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +471.3k NOK → +3 082 NOK (net margin 13.6% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 520.8k NOK → 247.1k NOK (-52.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4 NOK → 1.50m NOK (0% → 58% of revenue). Calculated