ADVANCED MACHINE COMPANY AS: årsregnskap 2004 vs 2003
Grew 40% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVANCED MACHINE COMPANY AS. Revenue 4.47m NOK → 6.25m NOK (+40.0%). Equity -113.0k NOK → 63.4k NOK.
On the constructive side: revenue rose; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED MACHINE COMPANY AS.
At a glance
Scorecard
Revenue
4.47m NOK
6.25m NOK
+40.0%
Operating result
n/m
+249.9k NOK
—
Net result
n/m
+476.4k NOK
—
Equity
-113.0k NOK
63.4k NOK
+156.1%
Total assets
1.16m NOK
6.76m NOK
+483.1%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.47m NOK to 6.25m NOK (+40.0% YoY). Calculated
-
↑
Equity strengthened
Book equity -113.0k NOK → 63.4k NOK (equity ratio -9.8% → 0.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.65m NOK → 1.69m NOK (37% → 27% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 2.04m NOK → 5.38m NOK (+163.7% YoY). Calculated