Org.nr 980 511 103 2004 → 2005 Year-over-year analysis

ABACUS AS: årsregnskap 2005 vs 2004

Grew 755% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2005 with 2004 for ABACUS AS. Revenue 153.7k NOK → 1.31m NOK (+754.9%). Net result +233.6k NOK → +67.5k NOK. Equity 106.9k NOK → 174.4k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACUS AS.

Scorecard

Revenue
153.7k NOK 1.31m NOK
+754.9%
Operating result
+326.1k NOK +95.8k NOK
-70.6%
Net result
+233.6k NOK +67.5k NOK
-71.1%
Equity
106.9k NOK 174.4k NOK
+63.1%
Cash
5.30m NOK n/m
—
Total assets
574.7k NOK 598.8k NOK
+4.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 153.7k NOK to 1.31m NOK (+754.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 106.9k NOK → 174.4k NOK (equity ratio 18.6% → 29.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +326.1k NOK → +95.8k NOK (op. margin 212.2% → 7.3%). Calculated

  • ↓

    Net result weakened

    Net result +233.6k NOK → +67.5k NOK (net margin 152.0% → 5.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 747.2k NOK (0% → 57% of revenue). Calculated