ABC ELEKTRO TEAM AS: årsregnskap 2005 vs 2004
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABC ELEKTRO TEAM AS. Revenue 4.26m NOK → 4.23m NOK (-0.8%). Net result +5 466 NOK → +285.5k NOK. Equity 5 171 NOK → 456.6k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC ELEKTRO TEAM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +5 466 NOK → +285.5k NOK (net margin 0.1% → 6.7%). Calculated
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↑
Equity strengthened
Book equity 5 171 NOK → 456.6k NOK (equity ratio 0.3% → 10.2%). Calculated
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↑
Cash rose
Bank deposits 15.0k NOK → 73.4k NOK (+389.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.40×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.26m NOK to 4.23m NOK (-0.8% YoY). Calculated
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↓
Operating result weakened
Operating result +525.0k NOK → +446.4k NOK (op. margin 12.3% → 10.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.80m NOK → 1.61m NOK (-10.3% YoY). Calculated