FirmaIQ
Org.nr 962 238 742 2003 → 2004 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2004 vs 2003

Grew 62% on revenue, weaker earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABL GROUP NORWAY AS. Revenue 6.16m NOK → 9.98m NOK (+62.0%). Net result +872.5k NOK → +135.9k NOK. Equity 2.99m NOK → 2.50m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.

At a glance

Scorecard

Revenue
6.16m NOK 9.98m NOK
+62.0%
Operating result
+1.16m NOK +1.75m NOK
+51.5%
Net result
+872.5k NOK +135.9k NOK
-84.4%
Equity
2.99m NOK 2.50m NOK
-16.6%
Cash
2.28m NOK 4.31m NOK
+89.2%
Total assets
5.43m NOK 7.82m NOK
+43.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.16m NOK to 9.98m NOK (+62.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.16m NOK → +1.75m NOK (op. margin 18.8% → 17.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.28m NOK → 4.31m NOK (+89.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 538.2k NOK → 653.1k NOK (+114.9k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +872.5k NOK → +135.9k NOK (net margin 14.2% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity 2.99m NOK → 2.50m NOK (equity ratio 55.1% → 31.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 387.3k NOK → 1.25m NOK (+222.1% YoY). Calculated