FirmaIQ
Org.nr 987 097 876 2004 → 2005 Year-over-year analysis

ABYSS AS: årsregnskap 2005 vs 2004

Grew 123% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ABYSS AS. Revenue 5.22m NOK → 11.66m NOK (+123.4%). Net result +222 NOK → +1 148 NOK. Equity 100.2k NOK → 48.4k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
5.22m NOK 11.66m NOK
+123.4%
Operating result
+4 436 NOK +1.11m NOK
+24971.6%
Net result
+222 NOK +1 148 NOK
+417.1%
Equity
100.2k NOK 48.4k NOK
-51.7%
Total assets
3.47m NOK 2.28m NOK
-34.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.22m NOK to 11.66m NOK (+123.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4 436 NOK → +1.11m NOK (op. margin 0.1% → 9.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 100.2k NOK → 48.4k NOK (equity ratio 2.9% → 2.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 2.55m NOK → 6.82m NOK (49% → 58% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.23m NOK → 875.5k NOK (-28.6% YoY). Calculated