ABACUS AS: årsregnskap 2005 vs 2004
Grew 755% on revenue, weaker earnings
Summary
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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 153.7k NOK to 1.31m NOK (+754.9% YoY). Calculated
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↑
Equity strengthened
Book equity 106.9k NOK → 174.4k NOK (equity ratio 18.6% → 29.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +326.1k NOK → +95.8k NOK (op. margin 212.2% → 7.3%). Calculated
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↓
Net result weakened
Net result +233.6k NOK → +67.5k NOK (net margin 152.0% → 5.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 747.2k NOK (0% → 57% of revenue). Calculated