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Org.nr 933 783 405 2003 → 2004 Year-over-year analysis

ABBOTT RAPID DIAGNOSTICS AS: årsregnskap 2004 vs 2003

Grew 18% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABBOTT RAPID DIAGNOSTICS AS. Revenue 190.16m NOK → 224.83m NOK (+18.2%). Net result +5.48m NOK → +3.22m NOK. Equity 35.75m NOK → 31.04m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABBOTT RAPID DIAGNOSTICS AS.

At a glance

Scorecard

Revenue
190.16m NOK 224.83m NOK
+18.2%
Operating result
+8.09m NOK +11.78m NOK
+45.7%
Net result
+5.48m NOK +3.22m NOK
-41.2%
Equity
35.75m NOK 31.04m NOK
-13.2%
Total assets
106.98m NOK 126.76m NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 190.16m NOK to 224.83m NOK (+18.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8.09m NOK → +11.78m NOK (op. margin 4.3% → 5.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +5.48m NOK → +3.22m NOK (net margin 2.9% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity 35.75m NOK → 31.04m NOK (equity ratio 33.4% → 24.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 114.36m NOK → 137.93m NOK (+20.6% YoY). Calculated