FirmaIQ
Org.nr 982 753 589 2004 → 2005 Year-over-year analysis

ABORA PROSJEKT AS: årsregnskap 2005 vs 2004

Grew 57% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABORA PROSJEKT AS. Revenue 16.72m NOK → 26.26m NOK (+57.1%). Equity 571.6k NOK → 266.2k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABORA PROSJEKT AS.

At a glance

Scorecard

Revenue
16.72m NOK 26.26m NOK
+57.1%
Operating result
+252.3k NOK +2.72m NOK
+978.9%
Net result
+371.0k NOK n/m
—
Equity
571.6k NOK 266.2k NOK
-53.4%
Total assets
5.72m NOK 8.12m NOK
+42.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.72m NOK to 26.26m NOK (+57.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +252.3k NOK → +2.72m NOK (op. margin 1.5% → 10.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 571.6k NOK → 266.2k NOK (equity ratio 10.0% → 3.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 5.37m NOK → 6.53m NOK (32% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7.86m NOK → 15.48m NOK (+97.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 60.6k NOK → 39.3k NOK. Reported fact