Org.nr 967 688 576 2004 → 2005 Year-over-year analysis

ABACTUS AS: årsregnskap 2005 vs 2004

Grew 544% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for ABACTUS AS. Revenue 1.26m NOK → 8.15m NOK (+543.9%). Net result +43.9k NOK → +6.36m NOK. Equity 1 461 NOK → 4 898 NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ABACTUS AS.

Scorecard

Revenue
1.26m NOK 8.15m NOK
+543.9%
Operating result
+4.03m NOK +7.74m NOK
+91.9%
Net result
+43.9k NOK +6.36m NOK
+14400.3%
Equity
1 461 NOK 4 898 NOK
+235.2%
Total assets
2.42m NOK 48.81m NOK
+1919.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.26m NOK to 8.15m NOK (+543.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.03m NOK → +7.74m NOK (op. margin 318.6% → 95.0%). Calculated

  • ↑

    Net result improved

    Net result +43.9k NOK → +6.36m NOK (net margin 3.5% → 78.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 461 NOK → 4 898 NOK (equity ratio 0.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 13.1k NOK → 23.5k NOK (1% → 0% of revenue). Calculated