ABSOLUT EIENDOM AS: årsregnskap 2004 vs 2003
Shrank 100% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ABSOLUT EIENDOM AS. Revenue 496 NOK → 0 NOK (-100.0%). Net result +120.6k NOK → -33.3k NOK. Equity 102.3k NOK → 69.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
496 NOK
0 NOK
-100.0%
Operating result
+124.2k NOK
-31.4k NOK
-125.3%
Net result
+120.6k NOK
-33.3k NOK
-127.6%
Equity
102.3k NOK
69.0k NOK
-32.5%
Total assets
321.8k NOK
71.8k NOK
-77.7%
What improved
-
↑
Payroll decreased
Salary cost 394.5k NOK → -36.1k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 496 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +124.2k NOK → -31.4k NOK. Calculated
-
↓
Fell into a net loss
Net result flipped from 120.6k NOK profit to a loss of 33.3k NOK. Calculated
-
↓
Equity eroded
Book equity 102.3k NOK → 69.0k NOK (equity ratio 31.8% → 96.1%). Calculated