Org.nr 982 732 638 2003 → 2004 Year-over-year analysis

AGILITY AS: årsregnskap 2004 vs 2003

Grew 12% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AGILITY AS. Revenue 191.34m NOK → 215.02m NOK (+12.4%). Equity 18.21m NOK → 13.98m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGILITY AS.

At a glance

Revenue

191.34m NOK 215.02m NOK

+12.4%

Operating result

+13.33m NOK n/m

—

Net result

+9.32m NOK n/m

—

Equity

18.21m NOK 13.98m NOK

-23.2%

Cash

22.00m NOK n/m

—

Total assets

91.15m NOK 105.94m NOK

+16.2%

↑
Revenue rose

Operating income / revenue moved from 191.34m NOK to 215.02m NOK (+12.4% YoY). Calculated
↑
Payroll decreased

Salary cost 74.83m NOK → 66.99m NOK (39% → 31% of revenue). Calculated

↓
Equity eroded

Book equity 18.21m NOK → 13.98m NOK (equity ratio 20.0% → 13.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.04× → 0.97× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS moved

COGS / varekostnad 75.78m NOK → 102.27m NOK (+35.0% YoY). Calculated