Org.nr 930 481 599 2003 → 2004 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2004 vs 2003

Fresh owner capital

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADDBRAND NORWAY AS. Revenue 130.49m NOK → 130.21m NOK (-0.2%). Equity 37.47m NOK → 35.92m NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.

At a glance

Revenue

130.49m NOK 130.21m NOK

-0.2%

Operating result

+6.75m NOK +8.02m NOK

+18.9%

Equity

37.47m NOK 35.92m NOK

-4.1%

Cash

17 NOK n/m

—

Total assets

64.86m NOK 67.72m NOK

+4.4%

↑
Operating result improved

Operating result +6.75m NOK → +8.02m NOK (op. margin 5.2% → 6.2%). Calculated
↑
Owners injected capital

Paid-in equity rose 27.67m NOK → 34.42m NOK (+6.75m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 130.49m NOK to 130.21m NOK (-0.2% YoY). Calculated
↓
Equity eroded

Book equity 37.47m NOK → 35.92m NOK (equity ratio 57.8% → 53.0%). Calculated