ADVANCE BUSINESS PARTNER AS: årsregnskap 2004 vs 2003
Shrank 58% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADVANCE BUSINESS PARTNER AS. Revenue 4.39m NOK → 1.83m NOK (-58.3%). Net result +322.1k NOK → +23.0k NOK. Equity 304.9k NOK → 327.9k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 304.9k NOK → 327.9k NOK (equity ratio 16.1% → 36.7%). Calculated
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↑
Payroll decreased
Salary cost 999.7k NOK → 194.4k NOK (23% → 11% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 4.39m NOK to 1.83m NOK (-58.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +299.7k NOK → +27.7k NOK (op. margin 6.8% → 1.5%). Calculated
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↓
Net result weakened
Net result +322.1k NOK → +23.0k NOK (net margin 7.3% → 1.3%). Calculated