ADB REGNSKAP AS: årsregnskap 2004 vs 2003
Grew 17% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADB REGNSKAP AS. Revenue 1.15m NOK → 1.35m NOK (+16.7%). Net result -94.6k NOK → +15.0k NOK. Equity 9 815 NOK → 24.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADB REGNSKAP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.15m NOK to 1.35m NOK (+16.7% YoY). Calculated
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Operating result improved
Operating result -66.4k NOK → +34.6k NOK (op. margin -5.8% → 2.6%). Calculated
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Turned profitable
Net result flipped from a loss of 94.6k NOK to a profit of 15.0k NOK. Calculated
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Equity strengthened
Book equity 9 815 NOK → 24.8k NOK (equity ratio 1.1% → 3.7%). Calculated
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Payroll decreased
Salary cost 1.80m NOK → 789.6k NOK (156% → 59% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 78.1k NOK → -47.6k NOK. Reported fact