AKA GROUP AS: årsregnskap 2004 vs 2003
Grew 22% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AKA GROUP AS. Revenue 3.84m NOK → 4.67m NOK (+21.7%). Net result +382.3k NOK → +355.9k NOK. Equity 554.6k NOK → 530.6k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKA GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.84m NOK to 4.67m NOK (+21.7% YoY). Calculated
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↑
Operating result improved
Operating result +596.7k NOK → +675.2k NOK (op. margin 15.5% → 14.4%). Calculated
What deteriorated
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↓
Net result weakened
Net result +382.3k NOK → +355.9k NOK (net margin 10.0% → 7.6%). Calculated
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↓
Equity eroded
Book equity 554.6k NOK → 530.6k NOK (equity ratio 32208.7% → 32.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 822.2k NOK → 878.7k NOK (21% → 19% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 635.6k NOK → 2.04m NOK (+221.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 47.3k NOK → 59.5k NOK. Reported fact