ABRAKADABRA COMMUNICATION AS: årsregnskap 2004 vs 2003
Shrank 16% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABRAKADABRA COMMUNICATION AS. Revenue 677.0k NOK → 567.0k NOK (-16.2%). Net result -23.0k NOK → +171.0k NOK. Equity 88.4k NOK → 1.26m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -22.8k NOK → +257.7k NOK (op. margin -3.4% → 45.4%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 23.0k NOK to a profit of 171.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 88.4k NOK → 1.26m NOK (equity ratio 29.7% → 309.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 677.0k NOK to 567.0k NOK (-16.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost -365.1k NOK → 5 NOK (-54% → 0% of revenue). Calculated