ABILDSØ FYSIO- OG MANUELLTERAPI AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABILDSØ FYSIO- OG MANUELLTERAPI AS. Revenue 2.02m NOK → 1.95m NOK (-3.1%). Equity 197.1k NOK → 212.8k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 197.1k NOK → 212.8k NOK (equity ratio 10.3% → 12.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.02m NOK to 1.95m NOK (-3.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +311.1k NOK → +230.6k NOK (op. margin 15.4% → 11.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.03× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost -326.8k NOK → 375.7k NOK (-16% → 19% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad -3 961 NOK → 24.9k NOK (+729.0% YoY). Calculated