Org.nr 929 378 024 2003 → 2004 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2004 vs 2003

Shrank 21% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABSALONSEN TRANSPORT AS. Revenue 7.48m NOK → 5.93m NOK (-20.7%). Equity 1.14m NOK → 326.2k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.

At a glance

Revenue

7.48m NOK 5.93m NOK

-20.7%

Operating result

+186.4k NOK -171.0k NOK

-191.7%

Equity

1.14m NOK 326.2k NOK

-71.3%

Total assets

3.87m NOK 3.26m NOK

-15.8%

↓
Revenue fell

Operating income / revenue moved from 7.48m NOK to 5.93m NOK (-20.7% YoY). Calculated
↓
Operating result weakened

Operating result +186.4k NOK → -171.0k NOK (op. margin 2.5% → -2.9%). Calculated
↓
Equity eroded

Book equity 1.14m NOK → 326.2k NOK (equity ratio 29.3% → 10.0%). Calculated
↓
Payroll up without matching revenue

Salary cost 2 NOK → 1.20m NOK (0% → 20% of revenue). Calculated