FirmaIQ
Org.nr 964 091 277 2003 → 2004 Year-over-year analysis

ABACUS RATIO AS: årsregnskap 2004 vs 2003

Grew 28% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABACUS RATIO AS. Revenue 34.89m NOK → 44.51m NOK (+27.6%). Equity 6.32m NOK → 8.02m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABACUS RATIO AS.

At a glance

Scorecard

Revenue
34.89m NOK 44.51m NOK
+27.6%
Equity
6.32m NOK 8.02m NOK
+26.9%
Cash
4.86m NOK 1.16m NOK
-76.1%
Total assets
17.70m NOK 13.11m NOK
-26.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.89m NOK to 44.51m NOK (+27.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.32m NOK → 8.02m NOK (equity ratio 35.7% → 61.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.86m NOK → 1.16m NOK (-76.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.86m NOK → 1.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 1 NOK → 10.87m NOK (0% → 24% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 20.65m NOK → 27.54m NOK (+33.4% YoY). Calculated