AKEB AS: årsregnskap 2004 vs 2003
Shrank 40% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AKEB AS. Revenue 468.5k NOK → 282.4k NOK (-39.7%). Net result -208.7k NOK → +455 NOK. Equity -50.2k NOK → -49.8k NOK.
On the constructive side: turned profitable. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKEB AS.
At a glance
Scorecard
Revenue
468.5k NOK
282.4k NOK
-39.7%
Operating result
-141.5k NOK
n/m
—
Net result
-208.7k NOK
+455 NOK
+100.2%
Equity
-50.2k NOK
-49.8k NOK
+0.9%
Total assets
779.1k NOK
798.8k NOK
+2.5%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 208.7k NOK to a profit of 455 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 468.5k NOK to 282.4k NOK (-39.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 278.5k NOK → 173.2k NOK (-37.8% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 390.3k NOK → 375.5k NOK. Reported fact