Org.nr 984 195 486 2003 → 2004 Year-over-year analysis

VOIM ASA: årsregnskap 2004 vs 2003

Stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for VOIM ASA. Revenue 119.74m NOK → 114.60m NOK (-4.3%). Net result +11.2k NOK → +77.1k NOK. Equity 70.7k NOK → 92.81m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for VOIM ASA.

Scorecard

Revenue
119.74m NOK 114.60m NOK
-4.3%
Operating result
+6 300 NOK +101.9k NOK
+1518.1%
Net result
+11.2k NOK +77.1k NOK
+587.4%
Equity
70.7k NOK 92.81m NOK
+131200.0%
Total assets
138.11m NOK 134.80m NOK
-2.4%

What improved

  • ↑

    Operating result improved

    Operating result +6 300 NOK → +101.9k NOK (op. margin 0.0% → 0.1%). Calculated

  • ↑

    Net result improved

    Net result +11.2k NOK → +77.1k NOK (net margin 0.0% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 70.7k NOK → 92.81m NOK (equity ratio 0.1% → 68.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 119.74m NOK to 114.60m NOK (-4.3% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 202.5k NOK → 3.14bn NOK (+1548300.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 105.94m NOK → 92.81m NOK — check capital reduction, conversion, or reclassification. Interpretation