Org.nr 865 109 032 2003 → 2004 Year-over-year analysis

ADVISORS AS: årsregnskap 2004 vs 2003

Another loss-making year

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADVISORS AS. Revenue 14.8k NOK → 14.8k NOK (0.0%). Net result -21.6k NOK → -30.9k NOK. Equity 113.2k NOK → 82.3k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISORS AS.

Scorecard

Revenue
14.8k NOK 14.8k NOK
0.0%
Operating result
+1 422 NOK -12.4k NOK
-969.1%
Net result
-21.6k NOK -30.9k NOK
-42.7%
Equity
113.2k NOK 82.3k NOK
-27.3%
Cash
0 NOK n/m
—
Total assets
703.8k NOK 624.4k NOK
-11.3%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.15× → 1.15×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1 422 NOK → -12.4k NOK (op. margin 9.6% → -83.7%). Calculated

  • ↓

    Net result weakened

    Net result -21.6k NOK → -30.9k NOK (net margin -146.5% → -209.1%). Calculated

  • ↓

    Equity eroded

    Book equity 113.2k NOK → 82.3k NOK (equity ratio 16.1% → 13.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 602 NOK → 602.0k NOK. Reported fact