ABORDA STILLAS AS: årsregnskap 2004 vs 2003
Shrank 41% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABORDA STILLAS AS. Revenue 935.5k NOK → 554.4k NOK (-40.7%). Net result +290.0k NOK → +341.4k NOK. Equity 243.1k NOK → 344.5k 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 +350.1k NOK → +509.7k NOK (op. margin 37.4% → 91.9%). Calculated
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↑
Net result improved
Net result +290.0k NOK → +341.4k NOK (net margin 31.0% → 61.6%). Calculated
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↑
Equity strengthened
Book equity 243.1k NOK → 344.5k NOK (equity ratio 10.0% → 12.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 935.5k NOK to 554.4k NOK (-40.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 6 NOK → 813.4k NOK (0% → 147% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 36.1k NOK → 215.2k NOK (+496.8% YoY). Calculated