Org.nr 982 930 030 2003 → 2004 Year-over-year analysis

AKERHOLT AS: årsregnskap 2004 vs 2003

Grew 13% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AKERHOLT AS. Revenue 2.84m NOK → 3.20m NOK (+12.6%). Equity 297.6k NOK → 269.8k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

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

At a glance

Revenue

2.84m NOK 3.20m NOK

+12.6%

Operating result

+444.0k NOK +426.3k NOK

-4.0%

Equity

297.6k NOK 269.8k NOK

-9.3%

Cash

617.6k NOK 348.1k NOK

-43.6%

Total assets

131.4k NOK 1.91m NOK

+1355.1%

↑
Revenue rose

Operating income / revenue moved from 2.84m NOK to 3.20m NOK (+12.6% YoY). Calculated
↑
Payroll decreased

Salary cost -529.9k NOK → -567.7k NOK (-19% → -18% of revenue). Calculated

↓
Operating result weakened

Operating result +444.0k NOK → +426.3k NOK (op. margin 15.6% → 13.3%). Calculated
↓
Equity eroded

Book equity 297.6k NOK → 269.8k NOK (equity ratio 226.4% → 14.1%). Calculated
↓
Cash fell

Bank deposits 617.6k NOK → 348.1k NOK (-43.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 1.58m NOK → -1.86m NOK (-217.4% YoY). Calculated