ABBOTT DIAGNOSTICS TECHNOLOGIES AS: årsregnskap 2005 vs 2004
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABBOTT DIAGNOSTICS TECHNOLOGIES AS. Revenue 206.50m NOK → 205.42m NOK (-0.5%). Equity 166.66m NOK → 164.81m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABBOTT DIAGNOSTICS TECHNOLOGIES AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 206.50m NOK to 205.42m NOK (-0.5% YoY). Calculated
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↓
Operating result weakened
Operating result +14.08m NOK → +863.1k NOK (op. margin 6.8% → 0.4%). Calculated
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↓
Equity eroded
Book equity 166.66m NOK → 164.81m NOK (equity ratio 46.1% → 38.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.24× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 87.25m NOK → 91.25m NOK (42% → 44% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 55.91m NOK → 90.64m NOK. Reported fact