Org.nr 912 240 207 2003 → 2004 Year-over-year analysis

AGNAR HAGEN AS: årsregnskap 2004 vs 2003

Grew 19% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AGNAR HAGEN AS. Revenue 22.12m NOK → 26.36m NOK (+19.1%). Equity 1.35m NOK → 1.46m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNAR HAGEN AS.

At a glance

Revenue

22.12m NOK 26.36m NOK

+19.1%

Operating result

+2.00m NOK +3.66m NOK

+82.8%

Net result

+996.5k NOK n/m

—

Equity

1.35m NOK 1.46m NOK

+7.7%

Total assets

12.78m NOK 14.55m NOK

+13.9%

↑
Revenue rose

Operating income / revenue moved from 22.12m NOK to 26.36m NOK (+19.1% YoY). Calculated
↑
Operating result improved

Operating result +2.00m NOK → +3.66m NOK (op. margin 9.1% → 13.9%). Calculated
↑
Equity strengthened

Book equity 1.35m NOK → 1.46m NOK (equity ratio 10.6% → 10.0%). Calculated

·
Payroll increased

Salary cost 4.87m NOK → 5.07m NOK (22% → 19% of revenue). Calculated
·
COGS moved

COGS / varekostnad 12.41m NOK → 14.47m NOK (+16.6% YoY). Calculated