AKE AS: årsregnskap 2004 vs 2003
Grew 582% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AKE AS. Revenue 49.3k NOK → 336.0k NOK (+582.0%). Net result -33.0k NOK → -19.5k NOK. Equity 156.8k NOK → 137.3k 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 AKE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 49.3k NOK to 336.0k NOK (+582.0% YoY). Calculated
-
↑
Operating result improved
Operating result -33.4k NOK → -19.6k NOK (op. margin -67.8% → -5.8%). Calculated
-
↑
Net result improved
Net result -33.0k NOK → -19.5k NOK (net margin -66.9% → -5.8%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 156.8k NOK → 137.3k NOK (equity ratio 62.2% → 68.3%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 22.5k NOK → 319.5k NOK (+1319.5% YoY). Calculated