AK MEKANISKE AS: årsregnskap 2004 vs 2003
Grew 44% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AK MEKANISKE AS. Revenue 5.19m NOK → 7.47m NOK (+44.0%). Net result +183.4k NOK → +658.2k NOK. Equity 42.0k NOK → 616.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.19m NOK to 7.47m NOK (+44.0% YoY). Calculated
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↑
Operating result improved
Operating result +191.0k NOK → +631.17m NOK (op. margin 3.7% → 8447.0%). Calculated
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↑
Net result improved
Net result +183.4k NOK → +658.2k NOK (net margin 3.5% → 8.8%). Calculated
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↑
Equity strengthened
Book equity 42.0k NOK → 616.3k NOK (equity ratio 2.1% → 47.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 78.9k NOK → 66.3k NOK (-16.0% YoY). Calculated