ABEL EIENDOMSFORVALTNING AS: årsregnskap 2005 vs 2004
Shrank 11% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABEL EIENDOMSFORVALTNING AS. Revenue 4.69m NOK → 4.15m NOK (-11.4%). Net result +1.71m NOK → +908.3k NOK. Equity 590.6k NOK → 498.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
4.69m NOK
4.15m NOK
-11.4%
Operating result
+2.39m NOK
+1.25m NOK
-47.8%
Net result
+1.71m NOK
+908.3k NOK
-46.7%
Equity
590.6k NOK
498.9k NOK
-15.5%
Total assets
5.71m NOK
711.7k NOK
-87.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.69m NOK to 4.15m NOK (-11.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.39m NOK → +1.25m NOK (op. margin 50.9% → 30.0%). Calculated
-
↓
Net result weakened
Net result +1.71m NOK → +908.3k NOK (net margin 36.4% → 21.9%). Calculated
-
↓
Equity eroded
Book equity 590.6k NOK → 498.9k NOK (equity ratio 10.3% → 70.1%). Calculated