ABACOT AS: årsregnskap 2005 vs 2004
Grew 25% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABACOT AS. Revenue 730.0k NOK → 909.0k NOK (+24.5%). Equity 461.7k NOK → 309.9k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACOT AS.
At a glance
Scorecard
Revenue
730.0k NOK
909.0k NOK
+24.5%
Operating result
+90.4k NOK
n/m
—
Net result
+48.4k NOK
n/m
—
Equity
461.7k NOK
309.9k NOK
-32.9%
Total assets
513.1k NOK
2.34m NOK
+356.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 730.0k NOK to 909.0k NOK (+24.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.84× → 1.68×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 461.7k NOK → 309.9k NOK (equity ratio 90.0% → 13.2%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 360.5k NOK → 390.8k NOK (49% → 43% of revenue). Calculated