Org.nr 947 504 614 2003 → 2004 Year-over-year analysis

AKB LIGHTING AS: årsregnskap 2004 vs 2003

Shrank 15% on revenue, stronger earnings

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AKB LIGHTING AS. Revenue 18.67m NOK → 15.84m NOK (-15.2%). Net result +1 129 NOK → +409.5k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.

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

At a glance

Revenue

18.67m NOK 15.84m NOK

-15.2%

Operating result

+2 252 NOK +707.7k NOK

+31324.9%

Net result

+1 129 NOK +409.5k NOK

+36171.9%

Cash

905.9k NOK 954.4k NOK

+5.3%

Total assets

9.39m NOK 8.55m NOK

-8.9%

↑
Operating result improved

Operating result +2 252 NOK → +707.7k NOK (op. margin 0.0% → 4.5%). Calculated
↑
Net result improved

Net result +1 129 NOK → +409.5k NOK (net margin 0.0% → 2.6%). Calculated
↑
Cash rose

Bank deposits 905.9k NOK → 954.4k NOK (+5.3% YoY). Calculated
↑
Payroll decreased

Salary cost 3.69m NOK → 3.57m NOK (20% → 23% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 18.67m NOK to 15.84m NOK (-15.2% YoY). Calculated