Org.nr 985 495 440 2003 → 2004 Year-over-year analysis

ACTIVE BUSINESS SOLUTIONS AS: årsregnskap 2004 vs 2003

Shrank 99% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ACTIVE BUSINESS SOLUTIONS AS. Revenue 4.90m NOK → 53.8k NOK (-98.9%). Equity 6.34m NOK → 586.4k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE BUSINESS SOLUTIONS AS.

At a glance

Revenue

4.90m NOK 53.8k NOK

-98.9%

Operating result

+1.04m NOK +3.04m NOK

+191.1%

Equity

6.34m NOK 586.4k NOK

-90.7%

Total assets

3.38m NOK 5.83m NOK

+72.7%

↑
Operating result improved

Operating result +1.04m NOK → +3.04m NOK (op. margin 21.3% → 5649.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.90m NOK to 53.8k NOK (-98.9% YoY). Calculated
↓
Equity eroded

Book equity 6.34m NOK → 586.4k NOK (equity ratio 187.7% → 10.1%). Calculated
↓
Payroll up without matching revenue

Salary cost 1.90m NOK → 4.51m NOK (39% → 8387% of revenue). Calculated