Org.nr 919 160 675 2003 → 2004 Year-over-year analysis

VÅR ENERGI ASA: årsregnskap 2004 vs 2003

Grew 69% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for VÅR ENERGI ASA. Revenue 6.98m NOK → 11.82m NOK (+69.2%). Net result +265.1k NOK → +377.0k NOK.

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

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

Scorecard

Revenue
6.98m NOK 11.82m NOK
+69.2%
Operating result
+4.40m NOK +7.56m NOK
+71.7%
Net result
+265.1k NOK +377.0k NOK
+42.2%
Total assets
1 NOK 19.25m NOK
+1925383800.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.98m NOK to 11.82m NOK (+69.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.40m NOK → +7.56m NOK (op. margin 63.0% → 64.0%). Calculated

  • ↑

    Net result improved

    Net result +265.1k NOK → +377.0k NOK (net margin 3.8% → 3.2%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.7k NOK → 25.1k NOK. Reported fact