AHA - Arkitektene Hilde og Andersen AS: årsregnskap 2004 vs 2003
Shrank 8% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AHA - Arkitektene Hilde og Andersen AS. Revenue 1.80m NOK → 1.65m NOK (-8.4%). Net result +984.8k NOK → +1.43m NOK. Equity 182.6k NOK → 262.4k NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AHA - Arkitektene Hilde og Andersen AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +984.8k NOK → +1.43m NOK (net margin 54.6% → 86.3%). Calculated
-
↑
Equity strengthened
Book equity 182.6k NOK → 262.4k NOK (equity ratio 10.1% → 10.0%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.65× → 1.36×. Calculated
-
↑
Payroll decreased
Salary cost 594.4k NOK → 579.2k NOK (33% → 35% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.80m NOK to 1.65m NOK (-8.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +956.3k NOK → +828.0k NOK (op. margin 53.1% → 50.1%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 668.5k NOK → 31.0k NOK. Reported fact