FirmaIQ
Org.nr 966 459 778 2003 → 2004 Year-over-year analysis

AGROL AS: årsregnskap 2004 vs 2003

Grew 55% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AGROL AS. Revenue 2.27m NOK → 3.52m NOK (+54.7%). Net result +663.2k NOK → +1 431 NOK. Equity 4.71m NOK → 5.54m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
2.27m NOK 3.52m NOK
+54.7%
Operating result
+713.2k NOK +557.6k NOK
-21.8%
Net result
+663.2k NOK +1 431 NOK
-99.8%
Equity
4.71m NOK 5.54m NOK
+17.6%
Total assets
5.63m NOK 6.88m NOK
+22.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 3.52m NOK (+54.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.71m NOK → 5.54m NOK (equity ratio 83.7% → 80.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +713.2k NOK → +557.6k NOK (op. margin 31.4% → 15.9%). Calculated

  • ↓

    Net result weakened

    Net result +663.2k NOK → +1 431 NOK (net margin 29.2% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.38m NOK → 1.69m NOK (61% → 48% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 37.7k NOK → 2 296 NOK (-93.9% YoY). Calculated