Org.nr 883 814 622 2004 → 2005 Year-over-year analysis

ADAPA AS: årsregnskap 2005 vs 2004

Shrank 89% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADAPA AS. Revenue 4.86m NOK → 557.9k NOK (-88.5%). Equity 5.28m NOK → 601.9k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADAPA AS.

At a glance

Revenue

4.86m NOK 557.9k NOK

-88.5%

Operating result

+4 354 NOK +445.2k NOK

+10124.3%

Net result

+39.0k NOK n/m

—

Equity

5.28m NOK 601.9k NOK

-88.6%

Total assets

2.82m NOK 2.53m NOK

-10.1%

↑
Operating result improved

Operating result +4 354 NOK → +445.2k NOK (op. margin 0.1% → 79.8%). Calculated
↑
Payroll decreased

Salary cost 3.09m NOK → 0 NOK (64% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.86m NOK to 557.9k NOK (-88.5% YoY). Calculated
↓
Equity eroded

Book equity 5.28m NOK → 601.9k NOK (equity ratio 187.5% → 23.8%). Calculated

·
Book investments changed

Investment / intangible book value 400.3k NOK → 1.81m NOK. Reported fact