FirmaIQ
Org.nr 954 718 670 2003 → 2004 Year-over-year analysis

AGENTURHUSET SALG AS: årsregnskap 2004 vs 2003

Shrank 6% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AGENTURHUSET SALG AS. Revenue 22.48m NOK → 21.15m NOK (-5.9%). Net result +601.7k NOK → +125.4k NOK. Equity 2.91m NOK → 539.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGENTURHUSET SALG AS.

At a glance

Scorecard

Revenue
22.48m NOK 21.15m NOK
-5.9%
Operating result
+961.2k NOK +141.2k NOK
-85.3%
Net result
+601.7k NOK +125.4k NOK
-79.2%
Equity
2.91m NOK 539.5k NOK
-81.5%
Cash
1.25m NOK 663.2k NOK
-46.9%
Total assets
n/m 6.90m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.48m NOK to 21.15m NOK (-5.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +961.2k NOK → +141.2k NOK (op. margin 4.3% → 0.7%). Calculated

  • ↓

    Net result weakened

    Net result +601.7k NOK → +125.4k NOK (net margin 2.7% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 2.91m NOK → 539.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.25m NOK → 663.2k NOK (-46.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 14.13m NOK → 13.96m NOK (-1.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 88.2k NOK → 444.0k NOK. Reported fact