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Org.nr 959 651 094 2003 → 2004 Year-over-year analysis

ABK-QVILLER AS: årsregnskap 2004 vs 2003

Shrank 8% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABK-QVILLER AS. Revenue 45.51m NOK → 41.90m NOK (-7.9%). Net result +1.44m NOK → -350.3k NOK. Equity 2.61m NOK → 2.26m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABK-QVILLER AS.

At a glance

Scorecard

Revenue
45.51m NOK 41.90m NOK
-7.9%
Operating result
+2.59m NOK +110.41m NOK
+4157.9%
Net result
+1.44m NOK -350.3k NOK
-124.3%
Equity
2.61m NOK 2.26m NOK
-13.4%
Total assets
27.61m NOK 20.75m NOK
-24.9%

What improved

  • ↑

    Operating result improved

    Operating result +2.59m NOK → +110.41m NOK (op. margin 5.7% → 263.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 45.51m NOK to 41.90m NOK (-7.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.44m NOK profit to a loss of 350.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.61m NOK → 2.26m NOK (equity ratio 9.5% → 10.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 9.51m NOK (0% → 23% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad -28.44m NOK → 24.46m NOK (+186.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.0k NOK → 5 167 NOK. Reported fact