ABBOTT NORGE AS: årsregnskap 2004 vs 2003
Shrank 97% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABBOTT NORGE AS. Revenue 13.27bn NOK → 338.13m NOK (-97.5%). Net result +5.97m NOK → +24.31m NOK. Equity 28.04m NOK → 52.35m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
13.27bn NOK
338.13m NOK
-97.5%
Operating result
+10.82m NOK
n/m
—
Net result
+5.97m NOK
+24.31m NOK
+307.4%
Equity
28.04m NOK
52.35m NOK
+86.7%
Cash
438 NOK
2 486 NOK
+467.6%
Total assets
76.86m NOK
106.53m NOK
+38.6%
What improved
-
↑
Net result improved
Net result +5.97m NOK → +24.31m NOK (net margin 0.0% → 7.2%). Calculated
-
↑
Equity strengthened
Book equity 28.04m NOK → 52.35m NOK (equity ratio 36.5% → 49.1%). Calculated
-
↑
Cash rose
Bank deposits 438 NOK → 2 486 NOK (+467.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 13.27bn NOK to 338.13m NOK (-97.5% YoY). Calculated