Org.nr 971 219 270 2003 → 2004 Year-over-year analysis

AIRBROKER AS: årsregnskap 2004 vs 2003

Mixed movements in the accounts

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for AIRBROKER AS. Revenue 21.02m NOK → 21.53m NOK (+2.5%). Equity -179.4k NOK → -81.9k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.

Scorecard

Revenue
21.02m NOK 21.53m NOK
+2.5%
Operating result
+206.8k NOK +214.9k NOK
+3.9%
Equity
-179.4k NOK -81.9k NOK
+54.3%
Total assets
908.4k NOK 940.7k NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.02m NOK to 21.53m NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +206.8k NOK → +214.9k NOK (op. margin 1.0% → 1.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -179.4k NOK → -81.9k NOK (equity ratio -19.7% → -8.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.85m NOK → 945.9k NOK (28% → 4% of revenue). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 19.07m NOK → 19.56m NOK (+2.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 556.8k NOK → 480.7k NOK. Reported fact