ABNOR AS: årsregnskap 2005 vs 2004
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABNOR AS. Revenue 954.3k NOK → 928.6k NOK (-2.7%). Net result +303.0k NOK → +418.7k NOK. Equity 210.0k NOK → 418.1k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
954.3k NOK
928.6k NOK
-2.7%
Operating result
+409.3k NOK
n/m
—
Net result
+303.0k NOK
+418.7k NOK
+38.2%
Equity
210.0k NOK
418.1k NOK
+99.1%
Total assets
812.5k NOK
690.8k NOK
-15.0%
What improved
-
↑
Net result improved
Net result +303.0k NOK → +418.7k NOK (net margin 31.8% → 45.1%). Calculated
-
↑
Equity strengthened
Book equity 210.0k NOK → 418.1k NOK (equity ratio 25.8% → 60.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 954.3k NOK to 928.6k NOK (-2.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 345.7k NOK → 425.3k NOK (36% → 46% of revenue). Calculated