AGNAR AS: årsregnskap 2004 vs 2003
Grew 128% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGNAR AS. Revenue 231.0k NOK → 526.6k NOK (+127.9%). Net result -71.9k NOK → +162.0k NOK. Equity 4 552 NOK → 106.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNAR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 231.0k NOK to 526.6k NOK (+127.9% YoY). Calculated
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Operating result improved
Operating result -41.8k NOK → +183.2k NOK (op. margin -18.1% → 34.8%). Calculated
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Turned profitable
Net result flipped from a loss of 71.9k NOK to a profit of 162.0k NOK. Calculated
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Equity strengthened
Book equity 4 552 NOK → 106.6k NOK (equity ratio 6.3% → 25.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 16.5k NOK → 26.7k NOK (7% → 5% of revenue). Calculated
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COGS moved
COGS / varekostnad 10.2k NOK → 53.0k NOK (+420.1% YoY). Calculated