ABILDSØ ELEKTRISKE AS: årsregnskap 2004 vs 2003
Shrank 20% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABILDSØ ELEKTRISKE AS. Revenue 10.11m NOK → 8.08m NOK (-20.1%). Net result +218.6k NOK → +274.9k NOK. Equity 55.0k NOK → 319.9k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABILDSØ ELEKTRISKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +395.7k NOK → +397.3k NOK (op. margin 3.9% → 4.9%). Calculated
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↑
Net result improved
Net result +218.6k NOK → +274.9k NOK (net margin 2.2% → 3.4%). Calculated
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↑
Equity strengthened
Book equity 55.0k NOK → 319.9k NOK (equity ratio 1.2% → 10.0%). Calculated
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↑
Payroll decreased
Salary cost 4.73m NOK → 3.76m NOK (47% → 47% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.11m NOK to 8.08m NOK (-20.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.24m NOK → 2.37m NOK (-26.8% YoY). Calculated