ABACUS KONSULENT AS: årsregnskap 2005 vs 2004
Grew 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABACUS KONSULENT AS. Revenue -11.0k NOK → 0 NOK (+100.0%). Net result -129.4k NOK → +24.0k NOK. Equity -72.1k NOK → -48.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABACUS KONSULENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from -11.0k NOK to 0 NOK (+100.0% YoY). Calculated
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Operating result improved
Operating result -129.4k NOK → +23.2k NOK. Calculated
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Turned profitable
Net result flipped from a loss of 129.4k NOK to a profit of 24.0k NOK. Calculated
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Equity strengthened
Book equity -72.1k NOK → -48.1k NOK (equity ratio -18.8% → -112.2%). Calculated
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Payroll decreased
Salary cost 4 115 NOK → -28.1k NOK. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -112.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation