ABRY KAVANAGH SOLUTIONS AS: årsregnskap 2004 vs 2003
Shrank 100% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABRY KAVANAGH SOLUTIONS AS. Revenue 1.63m NOK → 0 NOK (-100.0%). Net result +126.8k NOK → -35.8k NOK. Equity 100.0k NOK → 64.2k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABRY KAVANAGH SOLUTIONS AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 12.0k NOK → 126.5k NOK (+956.7% YoY). Calculated
-
↑
Payroll decreased
Salary cost 938.0k NOK → 2 006 NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +204.9k NOK → -21.6k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 126.8k NOK profit to a loss of 35.8k NOK. Calculated
-
↓
Equity eroded
Book equity 100.0k NOK → 64.2k NOK (equity ratio 11.6% → 21.7%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 68.4k NOK → 0 NOK (-100.0% YoY). Calculated