AE EIENDOM AS: årsregnskap 2004 vs 2003
Grew 15% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AE EIENDOM AS. Revenue 2.37m NOK → 2.73m NOK (+15.1%). Net result +136.7k NOK → +279.6k NOK. Equity 197.3k NOK → 320.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AE EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.37m NOK to 2.73m NOK (+15.1% YoY). Calculated
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Operating result improved
Operating result +228.8k NOK → +374.9k NOK (op. margin 9.6% → 13.7%). Calculated
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Net result improved
Net result +136.7k NOK → +279.6k NOK (net margin 5.8% → 10.2%). Calculated
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Equity strengthened
Book equity 197.3k NOK → 320.9k NOK (equity ratio 11.7% → 10.0%). Calculated
Things to notice
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Payroll increased
Salary cost 675.8k NOK → 2.81m NOK (28% → 103% of revenue). Calculated
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Book investments changed
Investment / intangible book value 4 167 NOK → 60.0k NOK. Reported fact