FirmaIQ
Org.nr 979 623 151 2003 → 2004 Year-over-year analysis

ADVANIA FOCUS AS: årsregnskap 2004 vs 2003

Grew 12% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADVANIA FOCUS AS. Revenue 9.01m NOK → 10.12m NOK (+12.4%). Net result +4.57m NOK → +680.6k NOK. Equity 1.41m NOK → 391.1k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
9.01m NOK 10.12m NOK
+12.4%
Operating result
+1.67m NOK +1.30m NOK
-22.3%
Net result
+4.57m NOK +680.6k NOK
-85.1%
Equity
1.41m NOK 391.1k NOK
-72.2%
Total assets
4.40m NOK 3.90m NOK
-11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.01m NOK to 10.12m NOK (+12.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.67m NOK → +1.30m NOK (op. margin 18.6% → 12.8%). Calculated

  • ↓

    Net result weakened

    Net result +4.57m NOK → +680.6k NOK (net margin 50.7% → 6.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.41m NOK → 391.1k NOK (equity ratio 32.0% → 10.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.46m NOK → 4.35m NOK (+25.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 303.0k NOK. Reported fact