FirmaIQ
Org.nr 966 962 429 2002 → 2003 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2003 vs 2002

Grew 8% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADCOM HOLDING AS. Revenue 3.31m NOK → 3.59m NOK (+8.4%). Equity 785.5k NOK → 915.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
3.31m NOK 3.59m NOK
+8.4%
Operating result
+322.9k NOK n/m
—
Equity
785.5k NOK 915.3k NOK
+16.5%
Cash
99.0k NOK 5 NOK
-100.0%
Total assets
2.04m NOK 2.11m NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.31m NOK to 3.59m NOK (+8.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 785.5k NOK → 915.3k NOK (equity ratio 38.6% → 43.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 99.0k NOK → 5 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 352.2k NOK → 1.43m NOK (11% → 40% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 556.4k NOK → 963.7k NOK (+73.2% YoY). Calculated