FirmaIQ
Org.nr 980 858 480 2003 → 2004 Year-over-year analysis

ABC HALVORSEN EIENDOM AS: årsregnskap 2004 vs 2003

Grew 257% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABC HALVORSEN EIENDOM AS. Revenue 456.2k NOK → 1.63m NOK (+257.0%). Net result +311.7k NOK → +649.5k NOK. Equity 957.4k NOK → 264.9k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABC HALVORSEN EIENDOM AS.

At a glance

Scorecard

Revenue
456.2k NOK 1.63m NOK
+257.0%
Operating result
+985.5k NOK n/m
—
Net result
+311.7k NOK +649.5k NOK
+108.3%
Equity
957.4k NOK 264.9k NOK
-72.3%
Cash
15.2k NOK n/m
—
Total assets
12.89m NOK 12.65m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 456.2k NOK to 1.63m NOK (+257.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +311.7k NOK → +649.5k NOK (net margin 68.3% → 39.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 957.4k NOK → 264.9k NOK (equity ratio 7.4% → 2.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation