AJOUR DATA AS: årsregnskap 2004 vs 2003
Grew 23% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AJOUR DATA AS. Revenue 1.51m NOK → 1.86m NOK (+23.3%). Net result +160.7k NOK → +202.5k NOK. Equity 128.3k NOK → 120.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AJOUR DATA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.51m NOK to 1.86m NOK (+23.3% YoY). Calculated
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↑
Operating result improved
Operating result +212.9k NOK → +414.1k NOK (op. margin 14.1% → 22.2%). Calculated
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Net result improved
Net result +160.7k NOK → +202.5k NOK (net margin 10.6% → 10.9%). Calculated
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Cash rose
Bank deposits 337.7k NOK → 658.9k NOK (+95.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 128.3k NOK → 120.8k NOK (equity ratio 15.6% → 12.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 54.1k NOK → 84.3k NOK (+56.0% YoY). Calculated