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Org.nr 976 052 560 2004 → 2005 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2005 vs 2004

Shrank 5% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABICON ELEKTRO AS. Revenue 35.90m NOK → 33.99m NOK (-5.3%). Net result -487.7k NOK → -671.9k NOK. Equity 1.40m NOK → 723.9k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Scorecard

Revenue
35.90m NOK 33.99m NOK
-5.3%
Operating result
-422.4k NOK -572.1k NOK
-35.4%
Net result
-487.7k NOK -671.9k NOK
-37.8%
Equity
1.40m NOK 723.9k NOK
-48.1%
Total assets
8.72m NOK 11.46m NOK
+31.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 35.90m NOK to 33.99m NOK (-5.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -422.4k NOK → -572.1k NOK (op. margin -1.2% → -1.7%). Calculated

  • ↓

    Net result weakened

    Net result -487.7k NOK → -671.9k NOK (net margin -1.4% → -2.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.40m NOK → 723.9k NOK (equity ratio 16.0% → 6.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 14.57m NOK → 13.12m NOK (-10.0% YoY). Calculated