ABARILLO AS: årsregnskap 2004 vs 2003
Grew 142% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABARILLO AS. Revenue 659.9k NOK → 1.60m NOK (+142.4%). Equity 160.6k NOK → 166.1k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABARILLO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 659.9k NOK to 1.60m NOK (+142.4% YoY). Calculated
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↑
Equity strengthened
Book equity 160.6k NOK → 166.1k NOK (equity ratio 28.7% → 10.0%). Calculated
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↑
Payroll decreased
Salary cost 454.5k NOK → 333.5k NOK (69% → 21% of revenue). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 717.7k NOK → 612.8k NOK (-14.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.0k NOK → 44.0k NOK. Reported fact