ABC-COMPANY E-SKUVLA AS: årsregnskap 2004 vs 2003
Shrank 31% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABC-COMPANY E-SKUVLA AS. Revenue 3.38m NOK → 2.34m NOK (-30.7%). Net result +67.3k NOK → -457.4k NOK. Equity 187.4k NOK → 240.0k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ABC-COMPANY E-SKUVLA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 187.4k NOK → 240.0k NOK (equity ratio 7.8% → 16.9%). Calculated
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↑
Payroll decreased
Salary cost 1.35m NOK → 1.09m NOK (40% → 47% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.38m NOK to 2.34m NOK (-30.7% YoY). Calculated
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↓
Operating result weakened
Operating result +19.7k NOK → -337.1k NOK (op. margin 0.6% → -14.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 67.3k NOK profit to a loss of 457.4k NOK. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 610 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 546.6k NOK → 396.4k NOK (-27.5% YoY). Calculated