Org.nr 910 681 761 2003 → 2004 Year-over-year analysis

ADOLPH BERGSVEI 58 AS: årsregnskap 2004 vs 2003

Grew 55% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADOLPH BERGSVEI 58 AS. Revenue 15.82m NOK → 24.58m NOK (+55.4%). Net result +353.2k NOK → +457.8k NOK. Equity 13.61m NOK → 14.06m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADOLPH BERGSVEI 58 AS.

Scorecard

Revenue
15.82m NOK 24.58m NOK
+55.4%
Operating result
+128.4k NOK +525.4k NOK
+309.1%
Net result
+353.2k NOK +457.8k NOK
+29.6%
Equity
13.61m NOK 14.06m NOK
+3.4%
Total assets
16.04m NOK 21.06m NOK
+31.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.82m NOK to 24.58m NOK (+55.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +128.4k NOK → +525.4k NOK (op. margin 0.8% → 2.1%). Calculated

  • ↑

    Net result improved

    Net result +353.2k NOK → +457.8k NOK (net margin 2.2% → 1.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.61m NOK → 14.06m NOK (equity ratio 84.8% → 66.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.46m NOK → 2.16m NOK (+47.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 27.2k NOK → 0 NOK. Reported fact