Org.nr 966 962 429 2004 → 2005 Year-over-year analysis

ADCOM HOLDING AS: årsregnskap 2005 vs 2004

Grew 7% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADCOM HOLDING AS. Revenue 3.65m NOK → 3.92m NOK (+7.2%). Equity 1.54m NOK → 1.63m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened.

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

At a glance

Revenue

3.65m NOK 3.92m NOK

+7.2%

Operating result

+335.9k NOK +223.1k NOK

-33.6%

Equity

1.54m NOK 1.63m NOK

+5.9%

Cash

n/m 5 NOK

—

Total assets

3.13m NOK 3.64m NOK

+16.1%

↑
Revenue rose

Operating income / revenue moved from 3.65m NOK to 3.92m NOK (+7.2% YoY). Calculated
↑
Equity strengthened

Book equity 1.54m NOK → 1.63m NOK (equity ratio 49.0% → 44.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 2.06m NOK → 2.51m NOK (+445.3k NOK). Reported fact
↑
Payroll decreased

Salary cost 1.44m NOK → 361.3k NOK (40% → 9% of revenue). Calculated

↓
Operating result weakened

Operating result +335.9k NOK → +223.1k NOK (op. margin 9.2% → 5.7%). Calculated

·
COGS moved

COGS / varekostnad 670.5k NOK → 688.3k NOK (+2.6% YoY). Calculated