Org.nr 983 701 469 2003 → 2004 Year-over-year analysis

AKERSHUS ENERGI VARME AS: årsregnskap 2004 vs 2003

Slipped into loss

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AKERSHUS ENERGI VARME AS. Revenue 9.78m NOK → 9.54m NOK (-2.4%). Net result +526.6k NOK → -620.0k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; fell into a net loss.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKERSHUS ENERGI VARME AS.

At a glance

Revenue

9.78m NOK 9.54m NOK

-2.4%

Operating result

+641.7k NOK +2.33m NOK

+262.8%

Net result

+526.6k NOK -620.0k NOK

-217.7%

Equity

n/m 8.73m NOK

—

Total assets

62.76m NOK 62.52m NOK

-0.4%

↑
Operating result improved

Operating result +641.7k NOK → +2.33m NOK (op. margin 6.6% → 24.4%). Calculated
↑
Payroll decreased

Salary cost 700.4k NOK → 548.6k NOK (7% → 6% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 9.78m NOK to 9.54m NOK (-2.4% YoY). Calculated
↓
Fell into a net loss

Net result flipped from 526.6k NOK profit to a loss of 620.0k NOK. Calculated

·
Paid-in equity reduced

Paid-in equity fell 9.35m NOK → 8.73m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 5.37m NOK → 2.76m NOK (-48.7% YoY). Calculated