AGROVIN AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGROVIN AS. Revenue 2.72m NOK → 2.71m NOK (-0.3%). Equity 2.98m NOK → 3.04m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.72m NOK
2.71m NOK
-0.3%
Operating result
+473.0k NOK
n/m
—
Net result
+347.3k NOK
n/m
—
Equity
2.98m NOK
3.04m NOK
+2.1%
Total assets
3.71m NOK
4.14m NOK
+11.5%
What improved
-
↑
Equity strengthened
Book equity 2.98m NOK → 3.04m NOK (equity ratio 80.3% → 73.5%). Calculated
-
↑
Payroll decreased
Salary cost 1.13m NOK → 98.9k NOK (42% → 4% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.72m NOK to 2.71m NOK (-0.3% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 835.1k NOK → 929.5k NOK (+11.3% YoY). Calculated