ABSOLUTE BAR AS: årsregnskap 2005 vs 2004
Shrank 24% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ABSOLUTE BAR AS. Revenue 604.2k NOK → 458.1k NOK (-24.2%). Net result +192.7k NOK → +110.4k NOK. Equity 207.3k NOK → 317.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 207.3k NOK → 317.7k NOK (equity ratio 40.7% → 48.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 604.2k NOK to 458.1k NOK (-24.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +89.12m NOK → +62.7k NOK (op. margin 14749.8% → 13.7%). Calculated
-
↓
Net result weakened
Net result +192.7k NOK → +110.4k NOK (net margin 31.9% → 24.1%). Calculated
-
↓
Cash fell
Bank deposits 23.7k NOK → 6 748 NOK (-71.5% YoY). Calculated