ABRA FINANCE AS: årsregnskap 2004 vs 2003
Grew 59% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABRA FINANCE AS. Revenue 295.8k NOK → 470.3k NOK (+59.0%). Net result +22.5k NOK → +27.5k NOK. Equity 74.3k NOK → 101.8k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABRA FINANCE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 295.8k NOK to 470.3k NOK (+59.0% YoY). Calculated
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↑
Net result improved
Net result +22.5k NOK → +27.5k NOK (net margin 7.6% → 5.9%). Calculated
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↑
Equity strengthened
Book equity 74.3k NOK → 101.8k NOK (equity ratio 13.7% → 19.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +37.8k NOK → +17.0k NOK (op. margin 12.8% → 3.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 63.1k NOK → 1.18m NOK (21% → 252% of revenue). Calculated