FirmaIQ
Org.nr 933 491 048 2003 → 2004 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2004 vs 2003

Grew 10% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AGS BATTERISERVICE AS. Revenue 6.93m NOK → 7.61m NOK (+9.9%). Net result +907.5k NOK → +636.2k NOK. Equity 552.7k NOK → 388.9k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.

At a glance

Scorecard

Revenue
6.93m NOK 7.61m NOK
+9.9%
Operating result
+57.2k NOK +968.4k NOK
+1592.0%
Net result
+907.5k NOK +636.2k NOK
-29.9%
Equity
552.7k NOK 388.9k NOK
-29.6%
Cash
4.86m NOK 576.2k NOK
-88.1%
Total assets
3.46m NOK 3.28m NOK
-5.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.93m NOK to 7.61m NOK (+9.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +57.2k NOK → +968.4k NOK (op. margin 0.8% → 12.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +907.5k NOK → +636.2k NOK (net margin 13.1% → 8.4%). Calculated

  • ↓

    Equity eroded

    Book equity 552.7k NOK → 388.9k NOK (equity ratio 16.0% → 11.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.86m NOK → 576.2k NOK (-88.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.86m NOK → 576.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation