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Org.nr 984 383 878 2003 → 2004 Year-over-year analysis

ABILITY AS: årsregnskap 2004 vs 2003

Grew 16% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABILITY AS. Revenue 3.43m NOK → 3.98m NOK (+16.0%). Net result +46.3k NOK → +4 819 NOK. Equity 159.3k NOK → 153.1k NOK.

On the constructive side: revenue rose. 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 ABILITY AS.

At a glance

Scorecard

Revenue
3.43m NOK 3.98m NOK
+16.0%
Operating result
+62.9k NOK +6 504 NOK
-89.7%
Net result
+46.3k NOK +4 819 NOK
-89.6%
Equity
159.3k NOK 153.1k NOK
-3.9%
Cash
197.4k NOK 96.1k NOK
-51.3%
Total assets
586.6k NOK 530.3k NOK
-9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.43m NOK to 3.98m NOK (+16.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +62.9k NOK → +6 504 NOK (op. margin 1.8% → 0.2%). Calculated

  • ↓

    Net result weakened

    Net result +46.3k NOK → +4 819 NOK (net margin 1.4% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 159.3k NOK → 153.1k NOK (equity ratio 27.1% → 28.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 197.4k NOK → 96.1k NOK (-51.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.21m NOK → 3.73m NOK (+16.3% YoY). Calculated