FirmaIQ
Org.nr 974 442 167 2003 → 2004 Year-over-year analysis

BOUVET ASA: årsregnskap 2004 vs 2003

Grew 18% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for BOUVET ASA. Revenue 130.05m NOK → 154.03m NOK (+18.4%). Equity 28.60m NOK → 24.72m NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for BOUVET ASA.

At a glance

Scorecard

Revenue
130.05m NOK 154.03m NOK
+18.4%
Operating result
+653.7k NOK +12.39m NOK
+1796.2%
Equity
28.60m NOK 24.72m NOK
-13.6%
Total assets
63.82m NOK 76.00m NOK
+19.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 130.05m NOK to 154.03m NOK (+18.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +653.7k NOK → +12.39m NOK (op. margin 0.5% → 8.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7.90m NOK → 8.99m NOK (+1.08m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 28.60m NOK → 24.72m NOK (equity ratio 44.8% → 32.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 78.31m NOK → 87.16m NOK (60% → 57% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 20.74m NOK → 29.27m NOK (+41.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 10.0k NOK. Reported fact