ABRAHAMSSON & HAUGSTVEDT AS: årsregnskap 2005 vs 2004
Grew 14% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABRAHAMSSON & HAUGSTVEDT AS. Revenue 14.53m NOK → 16.53m NOK (+13.8%). Equity 382.6k NOK → 340.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABRAHAMSSON & HAUGSTVEDT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 14.53m NOK to 16.53m NOK (+13.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 382.6k NOK → 340.9k NOK (equity ratio 10.0% → 6.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.54× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 11.52m NOK → 11.56m NOK (+0.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 43.4k NOK → 89.6k NOK. Reported fact