Org.nr 985 140 421 2003 → 2004 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2004 vs 2003

Grew 33% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for VERDIPAPIRSENTRALEN ASA. Revenue 201.97m NOK → 267.87m NOK (+32.6%). Equity 2.18bn NOK → 175.29m NOK.

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

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

At a glance

Revenue

201.97m NOK 267.87m NOK

+32.6%

Operating result

+20.41m NOK +90.33m NOK

+342.6%

Equity

2.18bn NOK 175.29m NOK

-91.9%

Cash

76.50m NOK 12.15bn NOK

+15777.7%

Total assets

230.06m NOK 293.45m NOK

+27.6%

↑
Revenue rose

Operating income / revenue moved from 201.97m NOK to 267.87m NOK (+32.6% YoY). Calculated
↑
Operating result improved

Operating result +20.41m NOK → +90.33m NOK (op. margin 10.1% → 33.7%). Calculated
↑
Cash rose

Bank deposits 76.50m NOK → 12.15bn NOK (+15777.7% YoY). Calculated

↓
Equity eroded

Book equity 2.18bn NOK → 175.29m NOK (equity ratio 945.5% → 59.7%). Calculated

·
Book investments changed

Investment / intangible book value 2.89m NOK → 6.48m NOK. Reported fact