Agrinor AS: årsregnskap 2004 vs 2003
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for Agrinor AS. Revenue 1.05m NOK → 1.03m NOK (-1.3%). Net result +264.8k NOK → +147.1k NOK. Equity 1.57m NOK → 1.72m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +89.1k NOK → +475.9k NOK (op. margin 8.5% → 46.0%). Calculated
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↑
Equity strengthened
Book equity 1.57m NOK → 1.72m NOK (equity ratio 19.0% → 21.0%). Calculated
-
↑
Cash rose
Bank deposits 65.8k NOK → 4.17m NOK (+6238.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.05m NOK to 1.03m NOK (-1.3% YoY). Calculated
-
↓
Net result weakened
Net result +264.8k NOK → +147.1k NOK (net margin 25.3% → 14.2%). Calculated