ABAS EIENDOM AS: årsregnskap 2004 vs 2003
Shrank 38% on revenue, weaker earnings
Summary
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.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 341.6k NOK → 508.1k NOK (+48.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 761.8k NOK to 472.5k NOK (-38.0% YoY). Calculated
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↓
Operating result weakened
Operating result +529.9k NOK → +108.0k NOK (op. margin 69.6% → 22.9%). Calculated
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↓
Net result weakened
Net result +1.44m NOK → +994.8k NOK (net margin 188.8% → 210.5%). Calculated
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↓
Equity eroded
Book equity 4.40m NOK → 3.72m NOK (equity ratio 69.7% → 74.0%). Calculated