ABE STAR PARKETT AS: årsregnskap 2004 vs 2003
Shrank 6% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABE STAR PARKETT AS. Revenue 2.55m NOK → 2.38m NOK (-6.5%). Net result +541.0k NOK → +171.6k NOK. Equity 133.7k NOK → 157.3k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 133.7k NOK → 157.3k NOK (equity ratio 10038.4% → 10.0%). Calculated
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↑
Payroll decreased
Salary cost 1.03m NOK → 1 NOK (41% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.55m NOK to 2.38m NOK (-6.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +722.1k NOK → +227.7k NOK (op. margin 28.4% → 9.6%). Calculated
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↓
Net result weakened
Net result +541.0k NOK → +171.6k NOK (net margin 21.3% → 7.2%). Calculated
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↓
COGS moved
COGS / varekostnad 239.7k NOK → 259.8k NOK (+8.4% YoY). Calculated