ABEL NAMSOS AS: årsregnskap 2004 vs 2003
Grew 139% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABEL NAMSOS AS. Revenue 631.1k NOK → 1.51m NOK (+138.7%). Net result +6 762 NOK → +2 042 NOK. Equity 62.1k NOK → 60.0k NOK.
On the constructive side: revenue rose; owners injected capital; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABEL NAMSOS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 631.1k NOK to 1.51m NOK (+138.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 400 NOK → 100.0k NOK (+99.6k NOK). Reported fact
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Payroll decreased
Salary cost 980.3k NOK → 863.0k NOK (155% → 57% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +35.9k NOK → +13.7k NOK (op. margin 5.7% → 0.9%). Calculated
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Net result weakened
Net result +6 762 NOK → +2 042 NOK (net margin 1.1% → 0.1%). Calculated
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↓
Equity eroded
Book equity 62.1k NOK → 60.0k NOK (equity ratio 10.5% → 12.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 249.8k NOK → 258.0k NOK (+3.3% YoY). Calculated