ABRAXAS AS: årsregnskap 2005 vs 2004
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABRAXAS AS. Revenue 456.2k NOK → 456 NOK (-99.9%). Equity 370.7k NOK → 298.6k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ABRAXAS AS.
At a glance
Scorecard
Revenue
456.2k NOK
456 NOK
-99.9%
Operating result
+47.8k NOK
+71.5k NOK
+49.5%
Net result
n/m
+72.1k NOK
—
Equity
370.7k NOK
298.6k NOK
-19.4%
Total assets
1.07m NOK
631.8k NOK
-40.8%
What improved
-
↑
Operating result improved
Operating result +47.8k NOK → +71.5k NOK (op. margin 10.5% → 15678.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 456.2k NOK to 456 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 370.7k NOK → 298.6k NOK (equity ratio 34.7% → 47.3%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 250.0k NOK → 250 NOK — check capital reduction, conversion, or reclassification. Interpretation