FirmaIQ
Org.nr 929 378 024 2004 → 2005 Year-over-year analysis

ABSALONSEN TRANSPORT AS: årsregnskap 2005 vs 2004

Grew 31% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABSALONSEN TRANSPORT AS. Revenue 5.93m NOK → 7.79m NOK (+31.4%). Equity 326.2k NOK → 16.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.

At a glance

Scorecard

Revenue
5.93m NOK 7.79m NOK
+31.4%
Operating result
-171.0k NOK n/m
—
Net result
n/m -310.0k NOK
—
Equity
326.2k NOK 16.3k NOK
-95.0%
Total assets
3.26m NOK 4.54m NOK
+39.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.93m NOK to 7.79m NOK (+31.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 326.2k NOK → 16.3k NOK (equity ratio 10.0% → 0.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.19× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.20m NOK → 1.77m NOK (20% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.55m NOK → 3.03m NOK (+96.1% YoY). Calculated