ABC THAI AS: årsregnskap 2005 vs 2004
Grew 34% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABC THAI AS. Revenue 1.28m NOK → 1.71m NOK (+33.8%). Net result -37.3k NOK → +96.5k NOK. Equity 119.1k NOK → 215.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC THAI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.28m NOK to 1.71m NOK (+33.8% YoY). Calculated
-
↑
Operating result improved
Operating result -49.2k NOK → +116.2k NOK (op. margin -3.9% → 6.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 37.3k NOK to a profit of 96.5k NOK. Calculated
-
↑
Equity strengthened
Book equity 119.1k NOK → 215.6k NOK (equity ratio 31.8% → 49.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.76× → 1.39×. Calculated
Things to notice
-
·
Payroll increased
Salary cost 554.5k NOK → 817.3k NOK (43% → 48% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 419.3k NOK → 476.6k NOK (+13.7% YoY). Calculated