ABACUS KONSULENT AS: årsregnskap 2004 vs 2003
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABACUS KONSULENT AS. Revenue -11.0k NOK → -11.0k NOK (0.0%). Net result -91.6k NOK → -129.4k NOK. Equity 57.3k NOK → -72.1k NOK.
Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS KONSULENT AS.
At a glance
Scorecard
Revenue
-11.0k NOK
-11.0k NOK
0.0%
Operating result
n/m
-129.4k NOK
—
Net result
-91.6k NOK
-129.4k NOK
-41.2%
Equity
57.3k NOK
-72.1k NOK
-225.9%
Total assets
521.9k NOK
384.0k NOK
-26.4%
What deteriorated
-
↓
Net result weakened
Net result -91.6k NOK → -129.4k NOK (net margin 832.9% → 1176.2%). Calculated
-
↓
Equity eroded
Book equity 57.3k NOK → -72.1k NOK (equity ratio 11.0% → -18.8%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -18.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation