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Org.nr 938 182 132 2003 → 2004 Year-over-year analysis

Akerrestauranter AS: årsregnskap 2004 vs 2003

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for Akerrestauranter AS. Revenue 73.44m NOK → 70.89m NOK (-3.5%). Net result +495.8k NOK → +6 830 NOK. Equity 2.82m NOK → 1.15m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for Akerrestauranter AS.

At a glance

Scorecard

Revenue
73.44m NOK 70.89m NOK
-3.5%
Operating result
+433.8k NOK +9 685 NOK
-97.8%
Net result
+495.8k NOK +6 830 NOK
-98.6%
Equity
2.82m NOK 1.15m NOK
-59.2%
Total assets
27.32m NOK 29.55m NOK
+8.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 73.44m NOK to 70.89m NOK (-3.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +433.8k NOK → +9 685 NOK (op. margin 0.6% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +495.8k NOK → +6 830 NOK (net margin 0.7% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 2.82m NOK → 1.15m NOK (equity ratio 10.3% → 3.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 20.01m NOK → 18.29m NOK (-8.6% YoY). Calculated