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Org.nr 981 205 219 2003 → 2004 Year-over-year analysis

ACUSTUS MASKINERING OG HYDRAULIKK AS: årsregnskap 2004 vs 2003

Shrank 20% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACUSTUS MASKINERING OG HYDRAULIKK AS. Revenue 2.92m NOK → 2.35m NOK (-19.6%). Net result +245.5k NOK → -338.0k NOK. Equity 43.5k NOK → -294.5k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACUSTUS MASKINERING OG HYDRAULIKK AS.

At a glance

Scorecard

Revenue
2.92m NOK 2.35m NOK
-19.6%
Operating result
+170.2k NOK -290.4k NOK
-270.6%
Net result
+245.5k NOK -338.0k NOK
-237.7%
Equity
43.5k NOK -294.5k NOK
-776.5%
Total assets
n/m 1.17m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.92m NOK to 2.35m NOK (-19.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +170.2k NOK → -290.4k NOK (op. margin 5.8% → -12.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 245.5k NOK profit to a loss of 338.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 43.5k NOK → -294.5k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -25.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 964.5k NOK → 731.5k NOK (-24.2% YoY). Calculated