AER AS: årsregnskap 2004 vs 2003
Grew 33% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AER AS. Revenue 213.8k NOK → 284.8k NOK (+33.2%). Net result +234.5k NOK → -1 933 NOK. Equity 65.5k NOK → 63.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: fell into a net loss; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 213.8k NOK to 284.8k NOK (+33.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 76.7k NOK → 4 NOK (36% → 0% of revenue). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 234.5k NOK profit to a loss of 1 933 NOK. Calculated
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↓
Equity eroded
Book equity 65.5k NOK → 63.6k NOK (equity ratio 52.2% → 31.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 129.5k NOK → 305.5k NOK (+135.8% YoY). Calculated