Org.nr 980 511 103 2003 → 2004 Year-over-year analysis

ABACUS AS: årsregnskap 2004 vs 2003

Shrank 84% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ABACUS AS. Revenue 963.0k NOK → 153.7k NOK (-84.0%). Net result +26.3k NOK → +233.6k NOK. Equity 105.3k NOK → 106.9k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
963.0k NOK 153.7k NOK
-84.0%
Operating result
+31.4k NOK +326.1k NOK
+938.4%
Net result
+26.3k NOK +233.6k NOK
+788.0%
Equity
105.3k NOK 106.9k NOK
+1.5%
Cash
95.0k NOK 5.30m NOK
+5475.2%
Total assets
423.7k NOK 574.7k NOK
+35.6%

What improved

  • ↑

    Operating result improved

    Operating result +31.4k NOK → +326.1k NOK (op. margin 3.3% → 212.2%). Calculated

  • ↑

    Net result improved

    Net result +26.3k NOK → +233.6k NOK (net margin 2.7% → 152.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 105.3k NOK → 106.9k NOK (equity ratio 24.9% → 18.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 95.0k NOK → 5.30m NOK (+5475.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 963.0k NOK to 153.7k NOK (-84.0% YoY). Calculated