ABEL FINANS AS: årsregnskap 2004 vs 2003
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABEL FINANS AS. Revenue 268.0k NOK → 276.3k NOK (+3.1%). Net result +86.7k NOK → +131.3k NOK. Equity 2.20m NOK → 1.50m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
268.0k NOK
276.3k NOK
+3.1%
Operating result
+58.8k NOK
+155.1k NOK
+163.9%
Net result
+86.7k NOK
+131.3k NOK
+51.5%
Equity
2.20m NOK
1.50m NOK
-31.9%
Cash
1.50m NOK
1.53m NOK
+2.1%
Total assets
3.21m NOK
3.19m NOK
-0.8%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 268.0k NOK to 276.3k NOK (+3.1% YoY). Calculated
-
↑
Operating result improved
Operating result +58.8k NOK → +155.1k NOK (op. margin 21.9% → 56.1%). Calculated
-
↑
Net result improved
Net result +86.7k NOK → +131.3k NOK (net margin 32.3% → 47.5%). Calculated
-
↑
Cash rose
Bank deposits 1.50m NOK → 1.53m NOK (+2.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.20m NOK → 1.50m NOK (equity ratio 68.6% → 47.1%). Calculated