Org.nr 945 817 577 2003 → 2004 Year-over-year analysis

ABILITY KOMPETANSE AS: årsregnskap 2004 vs 2003

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABILITY KOMPETANSE AS. Revenue 307.9k NOK → 316.0k NOK (+2.6%). Equity 6.14m NOK → 100.9k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABILITY KOMPETANSE AS.

At a glance

Revenue

307.9k NOK 316.0k NOK

+2.6%

Operating result

+75.2k NOK +68.1k NOK

-9.5%

Equity

6.14m NOK 100.9k NOK

-98.4%

Total assets

222.4k NOK 253.4k NOK

+13.9%

↑
Revenue rose

Operating income / revenue moved from 307.9k NOK to 316.0k NOK (+2.6% YoY). Calculated

↓
Operating result weakened

Operating result +75.2k NOK → +68.1k NOK (op. margin 24.4% → 21.5%). Calculated
↓
Equity eroded

Book equity 6.14m NOK → 100.9k NOK (equity ratio 2761.8% → 39.8%). Calculated

·
Payroll increased

Salary cost 43.9k NOK → 52.6k NOK (14% → 17% of revenue). Calculated
·
COGS moved

COGS / varekostnad 76.1k NOK → 81.4k NOK (+6.9% YoY). Calculated