Org.nr 942 813 708 2003 → 2004 Year-over-year analysis

ABRA AS: årsregnskap 2004 vs 2003

Grew 8% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ABRA AS. Revenue 1.39m NOK → 1.49m NOK (+7.7%). Net result +942.5k NOK → +64.6k NOK. Equity 1.43m NOK → 4.27m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABRA AS.

Scorecard

Revenue
1.39m NOK 1.49m NOK
+7.7%
Operating result
+690.2k NOK +4 481 NOK
-99.4%
Net result
+942.5k NOK +64.6k NOK
-93.1%
Equity
1.43m NOK 4.27m NOK
+198.9%
Total assets
14.28m NOK 13.00m NOK
-9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.39m NOK to 1.49m NOK (+7.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.43m NOK → 4.27m NOK (equity ratio 10.0% → 32.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +690.2k NOK → +4 481 NOK (op. margin 49.7% → 0.3%). Calculated

  • ↓

    Net result weakened

    Net result +942.5k NOK → +64.6k NOK (net margin 67.9% → 4.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 900.0k NOK → 900 NOK — check capital reduction, conversion, or reclassification. Interpretation