Org.nr 843 812 392 2004 → 2005 Year-over-year analysis

ABRAHAMSEN EIENDOM AS: årsregnskap 2005 vs 2004

Grew 6% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABRAHAMSEN EIENDOM AS. Revenue 3.91m NOK → 4.15m NOK (+6.3%). Equity 71.8k NOK → -110.7k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ABRAHAMSEN EIENDOM AS.

At a glance

Revenue

3.91m NOK 4.15m NOK

+6.3%

Operating result

-229.2k NOK -234.1k NOK

-2.1%

Equity

71.8k NOK -110.7k NOK

-254.1%

Cash

617.1k NOK 342.2k NOK

-44.5%

Total assets

2.37m NOK 3.04m NOK

+28.4%

↑
Revenue rose

Operating income / revenue moved from 3.91m NOK to 4.15m NOK (+6.3% YoY). Calculated
↑
Payroll decreased

Salary cost 2.44m NOK → 1.99m NOK (62% → 48% of revenue). Calculated

↓
Operating result weakened

Operating result -229.2k NOK → -234.1k NOK (op. margin -5.9% → -5.6%). Calculated
↓
Equity eroded

Book equity 71.8k NOK → -110.7k NOK (equity ratio 3.0% → -3.6%). Calculated
↓
Cash fell

Bank deposits 617.1k NOK → 342.2k NOK (-44.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 905.6k NOK → 991.6k NOK (+9.5% YoY). Calculated