AGRO AS: årsregnskap 2004 vs 2003
Grew 18% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGRO AS. Revenue 23.52m NOK → 27.70m NOK (+17.8%). Net result +483.6k NOK → +676.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 23.52m NOK to 27.70m NOK (+17.8% YoY). Calculated
-
↑
Operating result improved
Operating result +722.1k NOK → +971.8k NOK (op. margin 3.1% → 3.5%). Calculated
-
↑
Net result improved
Net result +483.6k NOK → +676.8k NOK (net margin 2.1% → 2.4%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3.17m NOK → 3.25m NOK (13% → 12% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 17.77m NOK → 21.33m NOK (+20.0% YoY). Calculated