ADAPTI INSTALLASJON AS: årsregnskap 2005 vs 2004
Shrank 45% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADAPTI INSTALLASJON AS. Revenue 244.0k NOK → 133.9k NOK (-45.1%). Net result +36.3k NOK → +246.7k NOK. Equity 2 140 NOK → 387.0k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +36.3k NOK → +246.7k NOK (net margin 14.9% → 184.2%). Calculated
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↑
Equity strengthened
Book equity 2 140 NOK → 387.0k NOK (equity ratio 0.5% → 655.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 244.0k NOK to 133.9k NOK (-45.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.50× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 81.1k NOK → 817.8k NOK (+909.0% YoY). Calculated