AD-GROUP AS: årsregnskap 2004 vs 2003
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AD-GROUP AS. Net result -4 000 NOK → -538.5k NOK. Equity 2.20m NOK → 1.66m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AD-GROUP AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
-4.00bn NOK
-3 720 NOK
+100.0%
Net result
-4 000 NOK
-538.5k NOK
-13362.0%
Equity
2.20m NOK
1.66m NOK
-24.5%
Total assets
2.36m NOK
1.83m NOK
-22.6%
What improved
-
↑
Operating result improved
Operating result -4.00bn NOK → -3 720 NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result -4 000 NOK → -538.5k NOK. Calculated
-
↓
Equity eroded
Book equity 2.20m NOK → 1.66m NOK (equity ratio 93.0% → 90.7%). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 2.18m NOK → 1.66m NOK — check capital reduction, conversion, or reclassification. Interpretation