ACTIUM AS: årsregnskap 2004 vs 2003
Shrank 37% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ACTIUM AS. Revenue 903.5k NOK → 573.1k NOK (-36.6%). Net result +168.9k NOK → +103.0k NOK. Equity 100.9k NOK → 100.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
903.5k NOK
573.1k NOK
-36.6%
Operating result
+335.0k NOK
+214.1k NOK
-36.1%
Net result
+168.9k NOK
+103.0k NOK
-39.0%
Equity
100.9k NOK
100.1k NOK
-0.8%
Total assets
576.2k NOK
544.6k NOK
-5.5%
What improved
-
↑
Payroll decreased
Salary cost 465.2k NOK → 3 NOK (51% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 903.5k NOK to 573.1k NOK (-36.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +335.0k NOK → +214.1k NOK (op. margin 37.1% → 37.4%). Calculated
-
↓
Net result weakened
Net result +168.9k NOK → +103.0k NOK (net margin 18.7% → 18.0%). Calculated