FirmaIQ
Org.nr 879 438 462 2003 → 2004 Year-over-year analysis

ACTIC NORGE AS: årsregnskap 2004 vs 2003

Grew 418% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACTIC NORGE AS. Revenue 7.91m NOK → 40.98m NOK (+417.9%). Net result +370.0k NOK → +6.88m NOK. Equity 870 NOK → 2.44m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACTIC NORGE AS.

At a glance

Scorecard

Revenue
7.91m NOK 40.98m NOK
+417.9%
Operating result
+1.80m NOK +8.98m NOK
+398.5%
Net result
+370.0k NOK +6.88m NOK
+1760.3%
Equity
870 NOK 2.44m NOK
+279981.0%
Total assets
8.66m NOK 24.36m NOK
+181.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.91m NOK to 40.98m NOK (+417.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.80m NOK → +8.98m NOK (op. margin 22.8% → 21.9%). Calculated

  • ↑

    Net result improved

    Net result +370.0k NOK → +6.88m NOK (net margin 4.7% → 16.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 870 NOK → 2.44m NOK (equity ratio 0.0% → 10.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 880 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 2.60m NOK → 10.22m NOK (33% → 25% of revenue). Calculated