ABK TAK AS: årsregnskap 2005 vs 2004
Shrank 100% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABK TAK AS. Revenue 157.0k NOK → 156 NOK (-99.9%). Net result -126.7k NOK → +2 006 NOK. Equity 99.5k NOK → 81.5k NOK.
On the constructive side: operating result improved; turned profitable; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK TAK AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -177.8k NOK → -31.2k NOK (op. margin -113.3% → -20013.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 126.7k NOK to a profit of 2 006 NOK. Calculated
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↑
Payroll decreased
Salary cost 1.25m NOK → 1 250 NOK (797% → 801% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 157.0k NOK to 156 NOK (-99.9% YoY). Calculated
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↓
Equity eroded
Book equity 99.5k NOK → 81.5k NOK (equity ratio 38.2% → 84.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 40.7k NOK → -3 834 NOK (-109.4% YoY). Calculated