AEVENT AS: årsregnskap 2004 vs 2003
Grew 80% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AEVENT AS. Revenue 3.62m NOK → 6.49m NOK (+79.5%). Net result -67.0k NOK → +91.2k NOK. Equity 31.8k NOK → 112.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AEVENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.62m NOK to 6.49m NOK (+79.5% YoY). Calculated
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Operating result improved
Operating result -85.5k NOK → +132.1k NOK (op. margin -2.4% → 2.0%). Calculated
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Turned profitable
Net result flipped from a loss of 67.0k NOK to a profit of 91.2k NOK. Calculated
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Equity strengthened
Book equity 31.8k NOK → 112.9k NOK (equity ratio 17.2% → 12.5%). Calculated
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Payroll decreased
Salary cost 1.31m NOK → 1 NOK (36% → 0% of revenue). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 93.1k NOK → 5.43m NOK (+5731.4% YoY). Calculated