FirmaIQ
Org.nr 941 173 020 2003 → 2004 Year-over-year analysis

AIC HOLDING AS: årsregnskap 2004 vs 2003

Grew 44% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AIC HOLDING AS. Revenue 6.67m NOK → 9.60m NOK (+43.9%). Net result +3.35m NOK → +31.3k NOK. Equity 5.66m NOK → 10.31m NOK.

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

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIC HOLDING AS.

At a glance

Scorecard

Revenue
6.67m NOK 9.60m NOK
+43.9%
Operating result
+96.7k NOK +1 374 NOK
-98.6%
Net result
+3.35m NOK +31.3k NOK
-99.1%
Equity
5.66m NOK 10.31m NOK
+82.2%
Total assets
33.25m NOK 55.92m NOK
+68.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.67m NOK to 9.60m NOK (+43.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.66m NOK → 10.31m NOK (equity ratio 17.0% → 18.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +96.7k NOK → +1 374 NOK (op. margin 1.4% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +3.35m NOK → +31.3k NOK (net margin 50.3% → 0.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.22m NOK → 5.28m NOK (63% → 55% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 17.9k NOK → 2 990 NOK (-83.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7.81m NOK → 8.31m NOK. Reported fact