Org.nr 950 572 701 2004 → 2005 Year-over-year analysis

ABA ELEKTRO AS: årsregnskap 2005 vs 2004

Shrank 11% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABA ELEKTRO AS. Revenue 3.81m NOK → 3.39m NOK (-11.0%). Equity -2.60m NOK → 287.7k NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA ELEKTRO AS.

At a glance

Revenue

3.81m NOK 3.39m NOK

-11.0%

Operating result

n/m +38.9k NOK

—

Equity

-2.60m NOK 287.7k NOK

+111.1%

Total assets

2.27m NOK 1.63m NOK

-28.1%

↑
Equity strengthened

Book equity -2.60m NOK → 287.7k NOK (equity ratio -114.5% → 17.6%). Calculated
↑
Current ratio back above 1×

Current ratio 0.46× → 1.21×. Calculated
↑
Payroll decreased

Salary cost 2.00m NOK → 1.21m NOK (53% → 36% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.81m NOK to 3.39m NOK (-11.0% YoY). Calculated