FirmaIQ
Org.nr 976 758 757 2003 → 2004 Year-over-year analysis

AJOUR MEDIA AS: årsregnskap 2004 vs 2003

Mixed movements in the accounts

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AJOUR MEDIA AS. Revenue 1.65m NOK → 1.62m NOK (-2.1%). Equity 615.4k NOK → 867.9k NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
1.65m NOK 1.62m NOK
-2.1%
Operating result
+330.1k NOK +378.1k NOK
+14.5%
Net result
+217.1k NOK n/m
—
Equity
615.4k NOK 867.9k NOK
+41.0%
Total assets
1.29m NOK 1.53m NOK
+17.8%

What improved

  • ↑

    Operating result improved

    Operating result +330.1k NOK → +378.1k NOK (op. margin 20.0% → 23.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 615.4k NOK → 867.9k NOK (equity ratio 47.5% → 56.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.45×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.62m NOK (-2.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 661.8k NOK → 749.0k NOK (40% → 46% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 84.7k NOK → 28.2k NOK (-66.7% YoY). Calculated