ABACUS ØKONOMITJENESTER AS: årsregnskap 2005 vs 2004
Grew 28% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABACUS ØKONOMITJENESTER AS. Revenue 2.54m NOK → 3.26m NOK (+28.4%). Net result +187.5k NOK → +201.67m NOK. Equity 171.9k NOK → 273.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACUS ØKONOMITJENESTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.54m NOK to 3.26m NOK (+28.4% YoY). Calculated
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Operating result improved
Operating result +270.3k NOK → +305.12m NOK (op. margin 10.7% → 9369.5%). Calculated
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Net result improved
Net result +187.5k NOK → +201.67m NOK (net margin 7.4% → 6192.6%). Calculated
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Equity strengthened
Book equity 171.9k NOK → 273.5k NOK (equity ratio 50.8% → 18.0%). Calculated
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Current ratio back above 1×
Current ratio 0.65× → 1.13×. Calculated
Things to notice
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Payroll increased
Salary cost 1.57m NOK → 1.92m NOK (62% → 59% of revenue). Calculated
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COGS moved
COGS / varekostnad 94.1k NOK → 111.4k NOK (+18.4% YoY). Calculated