ABK VILLMARKSHYTTA AS: årsregnskap 2004 vs 2003
Shrank 22% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABK VILLMARKSHYTTA AS. Revenue 697.3k NOK → 543.8k NOK (-22.0%). Net result +163.8k NOK → -149.1k NOK. Equity 128.1k NOK → 21.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 697.3k NOK to 543.8k NOK (-22.0% YoY). Calculated
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Operating result weakened
Operating result +155.2k NOK → -146.8k NOK (op. margin 22.3% → -27.0%). Calculated
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Fell into a net loss
Net result flipped from 163.8k NOK profit to a loss of 149.1k NOK. Calculated
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Equity eroded
Book equity 128.1k NOK → 21.1k NOK (equity ratio 40.5% → 14.5%). Calculated
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Current ratio dropped below 1×
Current ratio 1.68× → 0.87× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated