FirmaIQ
Org.nr 976 052 560 2003 → 2004 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2004 vs 2003

Slipped into loss, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABICON ELEKTRO AS. Revenue 35.35m NOK → 35.90m NOK (+1.6%). Net result +602.8k NOK → -487.7k NOK. Equity 2.28m NOK → 1.40m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Scorecard

Revenue
35.35m NOK 35.90m NOK
+1.6%
Operating result
+1.00m NOK -422.4k NOK
-142.1%
Net result
+602.8k NOK -487.7k NOK
-180.9%
Equity
2.28m NOK 1.40m NOK
-38.9%
Total assets
9.14m NOK 8.72m NOK
-4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.35m NOK to 35.90m NOK (+1.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 486 NOK → 432.0k NOK (+431.5k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.00m NOK → -422.4k NOK (op. margin 2.8% → -1.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 602.8k NOK profit to a loss of 487.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.28m NOK → 1.40m NOK (equity ratio 25.0% → 16.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 11.99m NOK → 14.57m NOK (+21.5% YoY). Calculated