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Org.nr 984 086 822 2003 → 2004 Year-over-year analysis

ABUS ENTREPRENØR AS: årsregnskap 2004 vs 2003

Grew 42% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ABUS ENTREPRENØR AS. Revenue 2.50m NOK → 3.55m NOK (+42.0%). Net result +648 NOK → +451.0k NOK. Equity 207.6k NOK → 233.6k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.

At a glance

Scorecard

Revenue
2.50m NOK 3.55m NOK
+42.0%
Operating result
+937 NOK +638 NOK
-31.9%
Net result
+648 NOK +451.0k NOK
+69492.4%
Equity
207.6k NOK 233.6k NOK
+12.5%
Total assets
1.03m NOK 1.83m NOK
+77.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.50m NOK to 3.55m NOK (+42.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +648 NOK → +451.0k NOK (net margin 0.0% → 12.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 207.6k NOK → 233.6k NOK (equity ratio 20.1% → 12.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.87m NOK → 880.3k NOK (75% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +937 NOK → +638 NOK (op. margin 0.0% → 0.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 27.8k NOK → 1.43m NOK (+5029.8% YoY). Calculated