FirmaIQ
Org.nr 934 332 075 2004 → 2005 Year-over-year analysis

ADAM OG EVA GRUPPEN AS: årsregnskap 2005 vs 2004

Shrank 81% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADAM OG EVA GRUPPEN AS. Revenue 14.97m NOK → 2.80m NOK (-81.3%). Equity 1.42m NOK → 4.23m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAM OG EVA GRUPPEN AS.

At a glance

Scorecard

Revenue
14.97m NOK 2.80m NOK
-81.3%
Operating result
+4.23m NOK +2.43m NOK
-42.7%
Equity
1.42m NOK 4.23m NOK
+198.4%
Total assets
13.14m NOK 11.26m NOK
-14.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.42m NOK → 4.23m NOK (equity ratio 10.8% → 37.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.93× → 1.50×. Calculated

  • ↑

    Payroll decreased

    Salary cost 5.31m NOK → 1.00m NOK (36% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.97m NOK to 2.80m NOK (-81.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.23m NOK → +2.43m NOK (op. margin 28.3% → 86.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.25m NOK → 2.10m NOK (-6.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 11.5k NOK. Reported fact