ADB-SENTERET AS: årsregnskap 2005 vs 2004
Grew 13% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADB-SENTERET AS. Revenue 2.77m NOK → 3.12m NOK (+12.9%). Net result +402.7k NOK → +402 NOK. Equity 165.4k NOK → 304.4k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADB-SENTERET AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.77m NOK to 3.12m NOK (+12.9% YoY). Calculated
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↑
Equity strengthened
Book equity 165.4k NOK → 304.4k NOK (equity ratio 10.0% → 18.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +546.8k NOK → +222.6k NOK (op. margin 19.8% → 7.1%). Calculated
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↓
Net result weakened
Net result +402.7k NOK → +402 NOK (net margin 14.6% → 0.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 6.96× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7 140 NOK → 25.6k NOK (+259.2% YoY). Calculated