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Org.nr 976 475 941 2003 → 2004 Year-over-year analysis

AJA FORVALTNING AS: årsregnskap 2004 vs 2003

Shrank 12% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AJA FORVALTNING AS. Revenue 6.61m NOK → 5.83m NOK (-11.7%). Net result +60.4k NOK → -67.1k NOK. Equity 290.4k NOK → 223.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJA FORVALTNING AS.

At a glance

Scorecard

Revenue
6.61m NOK 5.83m NOK
-11.7%
Operating result
+144.7k NOK -2 559 NOK
-101.8%
Net result
+60.4k NOK -67.1k NOK
-211.2%
Equity
290.4k NOK 223.2k NOK
-23.1%
Total assets
1.86m NOK 1.89m NOK
+1.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.47m NOK → 3.36m NOK (52% → 58% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.61m NOK to 5.83m NOK (-11.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +144.7k NOK → -2 559 NOK (op. margin 2.2% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 60.4k NOK profit to a loss of 67.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 290.4k NOK → 223.2k NOK (equity ratio 15.6% → 11.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.57m NOK → 2.15m NOK (-16.4% YoY). Calculated