Org.nr 968 833 073 2003 → 2004 Year-over-year analysis

ACRYLICON NORD-NORGE AS: årsregnskap 2004 vs 2003

Shrank 12% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACRYLICON NORD-NORGE AS. Revenue 18.88m NOK → 16.69m NOK (-11.6%). Equity 830.7k NOK → 707.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.

At a glance

Revenue

18.88m NOK 16.69m NOK

-11.6%

Operating result

+1.34m NOK +181.4k NOK

-86.4%

Equity

830.7k NOK 707.0k NOK

-14.9%

Total assets

8.27m NOK 6.55m NOK

-20.9%

↑
Payroll decreased

Salary cost 4.11m NOK → 2 004 NOK (22% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 18.88m NOK to 16.69m NOK (-11.6% YoY). Calculated
↓
Operating result weakened

Operating result +1.34m NOK → +181.4k NOK (op. margin 7.1% → 1.1%). Calculated
↓
Equity eroded

Book equity 830.7k NOK → 707.0k NOK (equity ratio 10.0% → 10.8%). Calculated