FirmaIQ
Org.nr 980 093 344 2003 → 2004 Year-over-year analysis

AE FROGNER AS: årsregnskap 2004 vs 2003

Cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AE FROGNER AS. Revenue 412.7k NOK → 411.1k NOK (-0.4%). Net result -101.5k NOK → -105.2k NOK. Equity -253.6k NOK → -358.8k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE FROGNER AS.

At a glance

Scorecard

Revenue
412.7k NOK 411.1k NOK
-0.4%
Operating result
+52.0k NOK +5 625 NOK
-89.2%
Net result
-101.5k NOK -105.2k NOK
-3.7%
Equity
-253.6k NOK -358.8k NOK
-41.5%
Cash
41.5k NOK 3 960 NOK
-90.5%
Total assets
2.87m NOK 2.71m NOK
-5.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 412.7k NOK to 411.1k NOK (-0.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +52.0k NOK → +5 625 NOK (op. margin 12.6% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity -253.6k NOK → -358.8k NOK (equity ratio -8.8% → -13.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.5k NOK → 3 960 NOK (-90.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation