ADAPTI AS: årsregnskap 2004 vs 2003
Shrank 25% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADAPTI AS. Revenue 1.78m NOK → 1.34m NOK (-24.7%). Equity 148.6k NOK → 151.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPTI AS.
At a glance
Scorecard
Revenue
1.78m NOK
1.34m NOK
-24.7%
Operating result
+116.9k NOK
+10.1k NOK
-91.4%
Equity
148.6k NOK
151.7k NOK
+2.1%
Total assets
467.9k NOK
432.6k NOK
-7.5%
What improved
-
↑
Equity strengthened
Book equity 148.6k NOK → 151.7k NOK (equity ratio 31.8% → 35.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.78m NOK to 1.34m NOK (-24.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +116.9k NOK → +10.1k NOK (op. margin 6.6% → 0.8%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.22m NOK → 963.3k NOK (-21.0% YoY). Calculated