FirmaIQ
Org.nr 966 109 505 2003 → 2004 Year-over-year analysis

AD DEKOR AS: årsregnskap 2004 vs 2003

Shrank 7% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AD DEKOR AS. Revenue 12.97m NOK → 12.01m NOK (-7.4%). Net result +149.5k NOK → +25.4k NOK. Equity 41.7k NOK → 67.2k 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

Revenue
12.97m NOK 12.01m NOK
-7.4%
Operating result
+406.9k NOK +223.1k NOK
-45.2%
Net result
+149.5k NOK +25.4k NOK
-83.0%
Equity
41.7k NOK 67.2k NOK
+61.0%
Total assets
2.67m NOK 3.16m NOK
+18.2%

What improved

  • ↑

    Equity strengthened

    Book equity 41.7k NOK → 67.2k NOK (equity ratio 1.6% → 2.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.97m NOK to 12.01m NOK (-7.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +406.9k NOK → +223.1k NOK (op. margin 3.1% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +149.5k NOK → +25.4k NOK (net margin 1.2% → 0.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.60m NOK → 2.80m NOK (20% → 23% of revenue). Calculated