ABRA FINANCE AS: årsregnskap 2005 vs 2004
Grew 59% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABRA FINANCE AS. Revenue 470.3k NOK → 747.7k NOK (+59.0%). Equity 101.8k NOK → 68.8k NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: equity eroded.
Also worth watching: book investments changed. 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 470.3k NOK to 747.7k NOK (+59.0% YoY). Calculated
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↑
Operating result improved
Operating result +17.0k NOK → +91.4k NOK (op. margin 3.6% → 12.2%). Calculated
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↑
Payroll decreased
Salary cost 1.18m NOK → 370.2k NOK (252% → 50% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 101.8k NOK → 68.8k NOK (equity ratio 19.9% → 11.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 127.4k NOK → 1 000 NOK. Reported fact