ABK TAK AS: årsregnskap 2004 vs 2003
Shrank 59% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABK TAK AS. Revenue 379.7k NOK → 157.0k NOK (-58.7%). Net result +26.1k NOK → -126.7k NOK. Equity 226.2k NOK → 99.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
379.7k NOK
157.0k NOK
-58.7%
Operating result
+63.8k NOK
-177.8k NOK
-378.9%
Net result
+26.1k NOK
-126.7k NOK
-585.3%
Equity
226.2k NOK
99.5k NOK
-56.0%
Total assets
332.3k NOK
260.7k NOK
-21.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 379.7k NOK to 157.0k NOK (-58.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +63.8k NOK → -177.8k NOK (op. margin 16.8% → -113.3%). Calculated
-
↓
Fell into a net loss
Net result flipped from 26.1k NOK profit to a loss of 126.7k NOK. Calculated
-
↓
Equity eroded
Book equity 226.2k NOK → 99.5k NOK (equity ratio 68.1% → 38.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 61.5k NOK → 1.25m NOK (16% → 797% of revenue). Calculated