ABO MASKIN AS: årsregnskap 2005 vs 2004
Shrank 8% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABO MASKIN AS. Revenue 917.3k NOK → 847.0k NOK (-7.7%). Net result +160.9k NOK → +251.3k NOK. Equity 83.1k NOK → 334.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +200.1k NOK → +355.4k NOK (op. margin 21.8% → 42.0%). Calculated
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Net result improved
Net result +160.9k NOK → +251.3k NOK (net margin 17.5% → 29.7%). Calculated
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Equity strengthened
Book equity 83.1k NOK → 334.4k NOK (equity ratio 13.7% → 35.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 917.3k NOK to 847.0k NOK (-7.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 4.24m NOK → 4.37m NOK (462% → 517% of revenue). Calculated
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COGS moved
COGS / varekostnad 109.8k NOK → 349.1k NOK (+217.8% YoY). Calculated