ABARILLO AS: årsregnskap 2005 vs 2004
Shrank 83% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABARILLO AS. Revenue 1.60m NOK → 271.7k NOK (-83.0%). Net result +145.5k NOK → +539.5k NOK. Equity 166.1k NOK → 705.7k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +166.9k NOK → +774.6k NOK (op. margin 10.4% → 285.1%). Calculated
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↑
Net result improved
Net result +145.5k NOK → +539.5k NOK (net margin 9.1% → 198.6%). Calculated
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Equity strengthened
Book equity 166.1k NOK → 705.7k NOK (equity ratio 10.0% → 30.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.60m NOK to 271.7k NOK (-83.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 333.5k NOK → 463.2k NOK (21% → 171% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 612.8k NOK → 641.1k NOK (+4.6% YoY). Calculated