FirmaIQ
Org.nr 980 708 942 2003 → 2004 Year-over-year analysis

AD2R HOLDING AS: årsregnskap 2004 vs 2003

Grew 55% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for AD2R HOLDING AS. Revenue 2.13m NOK → 3.30m NOK (+55.2%). Net result +2 641 NOK → +281.4k NOK. Equity 243.6k NOK → 268.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AD2R HOLDING AS.

At a glance

Scorecard

Revenue
2.13m NOK 3.30m NOK
+55.2%
Operating result
+2 744 NOK +393.8k NOK
+14251.8%
Net result
+2 641 NOK +281.4k NOK
+10556.0%
Equity
243.6k NOK 268.0k NOK
+10.0%
Total assets
1.70m NOK 872.3k NOK
-48.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13m NOK to 3.30m NOK (+55.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2 744 NOK → +393.8k NOK (op. margin 0.1% → 11.9%). Calculated

  • ↑

    Net result improved

    Net result +2 641 NOK → +281.4k NOK (net margin 0.1% → 8.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 243.6k NOK → 268.0k NOK (equity ratio 14.3% → 30.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 170.1k NOK → 64.9k NOK (-61.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact