ADACON AS: årsregnskap 2005 vs 2004
Shrank 10% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADACON AS. Revenue 1.54m NOK → 1.39m NOK (-9.9%). Net result +312.7k NOK → +256.0k NOK. Equity 101.7k NOK → 357.7k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; 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 101.7k NOK → 357.7k NOK (equity ratio 10.1% → 50.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.79×. Calculated
-
↑
Payroll decreased
Salary cost 3.84m NOK → 2.60m NOK (249% → 187% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.54m NOK to 1.39m NOK (-9.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +471.6k NOK → +345.9k NOK (op. margin 30.6% → 24.9%). Calculated
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↓
Net result weakened
Net result +312.7k NOK → +256.0k NOK (net margin 20.3% → 18.5%). Calculated