ABEL EIENDOMSFORVALTNING AS: årsregnskap 2004 vs 2003
Grew 48% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABEL EIENDOMSFORVALTNING AS. Revenue 3.16m NOK → 4.69m NOK (+48.5%). Net result +234.6k NOK → +1.71m NOK. Equity 585.1k NOK → 590.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
3.16m NOK
4.69m NOK
+48.5%
Operating result
+1.69m NOK
+2.39m NOK
+41.0%
Net result
+234.6k NOK
+1.71m NOK
+627.1%
Equity
585.1k NOK
590.6k NOK
+0.9%
Total assets
5.20m NOK
5.71m NOK
+9.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.16m NOK to 4.69m NOK (+48.5% YoY). Calculated
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↑
Operating result improved
Operating result +1.69m NOK → +2.39m NOK (op. margin 53.6% → 50.9%). Calculated
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↑
Net result improved
Net result +234.6k NOK → +1.71m NOK (net margin 7.4% → 36.4%). Calculated
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↑
Equity strengthened
Book equity 585.1k NOK → 590.6k NOK (equity ratio 11.2% → 10.3%). Calculated
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↑
Payroll decreased
Salary cost 4.50m NOK → 4 NOK (142% → 0% of revenue). Calculated