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Org.nr 937 669 658 2003 → 2004 Year-over-year analysis

ABO BYGG AS: årsregnskap 2004 vs 2003

Shrank 85% on revenue, slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABO BYGG AS. Revenue 1.49m NOK → 222.2k NOK (-85.1%). Net result +16.0k NOK → -184.5k NOK. Equity 255.8k NOK → 71.2k NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABO BYGG AS.

At a glance

Scorecard

Revenue
1.49m NOK 222.2k NOK
-85.1%
Operating result
+112.7k NOK n/m
—
Net result
+16.0k NOK -184.5k NOK
-1252.3%
Equity
255.8k NOK 71.2k NOK
-72.1%
Total assets
2.45m NOK 355.0k NOK
-85.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.25×. Calculated

  • ↑

    Payroll decreased

    Salary cost 57.0k NOK → 1 NOK (4% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.49m NOK to 222.2k NOK (-85.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 16.0k NOK profit to a loss of 184.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 255.8k NOK → 71.2k NOK (equity ratio 10.4% → 20.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 373.4k NOK → 163.8k NOK (-56.1% YoY). Calculated