Org.nr 985 220 492 2003 → 2004 Year-over-year analysis

SEAGARDEN GROUP ASA: årsregnskap 2004 vs 2003

Grew 11546% on revenue, fresh owner capital

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for SEAGARDEN GROUP ASA. Revenue 34.2k NOK → 3.98m NOK (+11546.3%). Equity 305.8k NOK → 1.08m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.

Scorecard

Revenue
34.2k NOK 3.98m NOK
+11546.3%
Operating result
+130.2k NOK +355.1k NOK
+172.7%
Equity
305.8k NOK 1.08m NOK
+253.6%
Total assets
675.7k NOK 574.2k NOK
-15.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.2k NOK to 3.98m NOK (+11546.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +130.2k NOK → +355.1k NOK (op. margin 380.7% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 305.8k NOK → 1.08m NOK (equity ratio 45.3% → 188.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.75× → 47.54×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 300.0k NOK → 766.6k NOK (+466.6k NOK). Reported fact

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6 NOK → 291.2k NOK. Reported fact