AGRIMANN NORGE AS: årsregnskap 2004 vs 2003
Shrank 57% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGRIMANN NORGE AS. Revenue 540.7k NOK → 231.9k NOK (-57.1%). Net result +37.5k NOK → +1.38m NOK. Equity 422.6k NOK → 281.7k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRIMANN NORGE AS.
At a glance
Scorecard
Revenue
540.7k NOK
231.9k NOK
-57.1%
Operating result
+4 847 NOK
n/m
—
Net result
+37.5k NOK
+1.38m NOK
+3592.1%
Equity
422.6k NOK
281.7k NOK
-33.3%
Total assets
905.6k NOK
100.2k NOK
-88.9%
What improved
-
↑
Net result improved
Net result +37.5k NOK → +1.38m NOK (net margin 6.9% → 596.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 540.7k NOK to 231.9k NOK (-57.1% YoY). Calculated
-
↓
Equity eroded
Book equity 422.6k NOK → 281.7k NOK (equity ratio 46.7% → 281.0%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 305.6k NOK → 113.9k NOK (-62.7% YoY). Calculated