FirmaIQ
Org.nr 983 624 847 2004 → 2005 Year-over-year analysis

ABAS HOLDING AS: årsregnskap 2005 vs 2004

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABAS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +6.84m NOK → +403.1k NOK. Equity 1.07m NOK → 967.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABAS HOLDING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-11.1k NOK -24.3k NOK
-119.5%
Net result
+6.84m NOK +403.1k NOK
-94.1%
Equity
1.07m NOK 967.8k NOK
-9.6%
Total assets
10.71m NOK 10.69m NOK
-0.2%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 317.45×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.1k NOK → -24.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +6.84m NOK → +403.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.07m NOK → 967.8k NOK (equity ratio 10.0% → 9.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation