ABAKUS AS: årsregnskap 2004 vs 2003
Grew 263% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABAKUS AS. Revenue 526.9k NOK → 1.91m NOK (+262.7%). Net result +157.2k NOK → +193.7k NOK. Equity 100.7k NOK → 100.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABAKUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 526.9k NOK to 1.91m NOK (+262.7% YoY). Calculated
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↑
Operating result improved
Operating result +246.3k NOK → +316.1k NOK (op. margin 46.7% → 16.5%). Calculated
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↑
Net result improved
Net result +157.2k NOK → +193.7k NOK (net margin 29.8% → 10.1%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 10 NOK → 10.95m NOK (0% → 573% of revenue). Calculated