ABAS EIENDOM AS: årsregnskap 2005 vs 2004
Grew 62% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABAS EIENDOM AS. Revenue 472.5k NOK → 766.1k NOK (+62.1%). Net result +994.8k NOK → +497.8k NOK. Equity 3.72m NOK → 2.23m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 472.5k NOK to 766.1k NOK (+62.1% YoY). Calculated
-
↑
Operating result improved
Operating result +108.0k NOK → +453.6k NOK (op. margin 22.9% → 59.2%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +994.8k NOK → +497.8k NOK (net margin 210.5% → 65.0%). Calculated
-
↓
Equity eroded
Book equity 3.72m NOK → 2.23m NOK (equity ratio 74.0% → 53.1%). Calculated
-
↓
Cash fell
Bank deposits 508.1k NOK → 399.3k NOK (-21.4% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.13× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated