Org.nr 960 308 697 2003 → 2004 Year-over-year analysis

ABAS EIENDOM AS: årsregnskap 2004 vs 2003

Shrank 38% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ABAS EIENDOM AS. Revenue 761.8k NOK → 472.5k NOK (-38.0%). Net result +1.44m NOK → +994.8k NOK. Equity 4.40m NOK → 3.72m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
761.8k NOK 472.5k NOK
-38.0%
Operating result
+529.9k NOK +108.0k NOK
-79.6%
Net result
+1.44m NOK +994.8k NOK
-30.8%
Equity
4.40m NOK 3.72m NOK
-15.6%
Cash
341.6k NOK 508.1k NOK
+48.7%
Total assets
6.32m NOK 5.03m NOK
-20.4%

What improved

  • ↑

    Cash rose

    Bank deposits 341.6k NOK → 508.1k NOK (+48.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 761.8k NOK to 472.5k NOK (-38.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +529.9k NOK → +108.0k NOK (op. margin 69.6% → 22.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.44m NOK → +994.8k NOK (net margin 188.8% → 210.5%). Calculated

  • ↓

    Equity eroded

    Book equity 4.40m NOK → 3.72m NOK (equity ratio 69.7% → 74.0%). Calculated