ACRYLICON NORGE AS: årsregnskap 2004 vs 2003
Shrank 5% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACRYLICON NORGE AS. Revenue 29.51m NOK → 27.99m NOK (-5.1%). Net result +35.4k NOK → +20 NOK. Equity 4.52m NOK → 3.28m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
29.51m NOK
27.99m NOK
-5.1%
Operating result
+620.0k NOK
-1.23m NOK
-297.8%
Net result
+35.4k NOK
+20 NOK
-99.9%
Equity
4.52m NOK
3.28m NOK
-27.4%
Total assets
17.65m NOK
17.84m NOK
+1.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 29.51m NOK to 27.99m NOK (-5.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +620.0k NOK → -1.23m NOK (op. margin 2.1% → -4.4%). Calculated
-
↓
Net result weakened
Net result +35.4k NOK → +20 NOK (net margin 0.1% → 0.0%). Calculated
-
↓
Equity eroded
Book equity 4.52m NOK → 3.28m NOK (equity ratio 25.6% → 18.4%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 NOK → 4.83m NOK (0% → 17% of revenue). Calculated