FirmaIQ
Org.nr 966 125 071 2003 → 2004 Year-over-year analysis

AKERSHUS REKLAME TEAM AS: årsregnskap 2004 vs 2003

Shrank 71% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AKERSHUS REKLAME TEAM AS. Revenue 41.90m NOK → 12.18m NOK (-70.9%). Net result +161.7k NOK → -288.2k NOK. Equity 343.0k NOK → 54.8k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.

At a glance

Scorecard

Revenue
41.90m NOK 12.18m NOK
-70.9%
Operating result
+362.9k NOK n/m
—
Net result
+161.7k NOK -288.2k NOK
-278.3%
Equity
343.0k NOK 54.8k NOK
-84.0%
Total assets
3.08m NOK 2.41m NOK
-21.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.90m NOK to 12.18m NOK (-70.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 161.7k NOK profit to a loss of 288.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 343.0k NOK → 54.8k NOK (equity ratio 11.1% → 2.3%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2.40m NOK → 2.52m NOK (+4.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation