ADCOMMITTO AS: årsregnskap 2004 vs 2003
Shrank 65% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADCOMMITTO AS. Revenue 701.4k NOK → 247.8k NOK (-64.7%). Equity 107.4k NOK → 52.3k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
701.4k NOK
247.8k NOK
-64.7%
Operating result
+5 080 NOK
-73.2k NOK
-1540.1%
Equity
107.4k NOK
52.3k NOK
-51.3%
Total assets
188.7k NOK
65.8k NOK
-65.1%
What improved
-
↑
Payroll decreased
Salary cost 402.6k NOK → 48.1k NOK (57% → 19% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 701.4k NOK to 247.8k NOK (-64.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +5 080 NOK → -73.2k NOK (op. margin 0.7% → -29.5%). Calculated
-
↓
Equity eroded
Book equity 107.4k NOK → 52.3k NOK (equity ratio 56.9% → 79.5%). Calculated
-
↓
COGS moved
COGS / varekostnad 9 058 NOK → 20.8k NOK (+129.9% YoY). Calculated