Org.nr 929 320 611 2003 → 2004 Year-over-year analysis

ADAPTOR AS: årsregnskap 2004 vs 2003

Grew 18% on revenue

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADAPTOR AS. Revenue 23.02m NOK → 27.17m NOK (+18.0%). Equity 14.87m NOK → 15.92m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAPTOR AS.

At a glance

Revenue

23.02m NOK 27.17m NOK

+18.0%

Operating result

-75.1k NOK +945.8k NOK

+1360.1%

Net result

n/m +2 005 NOK

—

Equity

14.87m NOK 15.92m NOK

+7.0%

Total assets

17.16m NOK 18.84m NOK

+9.8%

↑
Revenue rose

Operating income / revenue moved from 23.02m NOK to 27.17m NOK (+18.0% YoY). Calculated
↑
Operating result improved

Operating result -75.1k NOK → +945.8k NOK (op. margin -0.3% → 3.5%). Calculated
↑
Equity strengthened

Book equity 14.87m NOK → 15.92m NOK (equity ratio 86.7% → 84.5%). Calculated

·
Payroll increased

Salary cost 7.88m NOK → 8.18m NOK (34% → 30% of revenue). Calculated
·
COGS moved

COGS / varekostnad 10.80m NOK → 12.39m NOK (+14.7% YoY). Calculated