GENTIAN DIAGNOSTICS ASA: årsregnskap 2004 vs 2003
Grew 10% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for GENTIAN DIAGNOSTICS ASA. Revenue 2.49m NOK → 2.74m NOK (+10.0%). Net result +485 NOK → +711.7k NOK. Equity 101.0k NOK → 100.0k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for GENTIAN DIAGNOSTICS ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.49m NOK to 2.74m NOK (+10.0% YoY). Calculated
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Net result improved
Net result +485 NOK → +711.7k NOK (net margin 0.0% → 25.9%). Calculated
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Payroll decreased
Salary cost 1.27m NOK → 1.01m NOK (51% → 37% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result +694.8k NOK → +51.0k NOK (op. margin 27.9% → 1.9%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation