ADB TJENESTER AS: årsregnskap 2004 vs 2003
Grew 24% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADB TJENESTER AS. Revenue 314.9k NOK → 391.7k NOK (+24.4%). Net result +70.0k NOK → -84.4k NOK. Equity -86.8k NOK → -171.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADB TJENESTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 314.9k NOK to 391.7k NOK (+24.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +80.7k NOK → -18.2k NOK (op. margin 25.6% → -4.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 70.0k NOK profit to a loss of 84.4k NOK. Calculated
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↓
Equity eroded
Book equity -86.8k NOK → -171.2k NOK (equity ratio -67.1% → -22.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 14.3k NOK (0% → 4% of revenue). Calculated