ADDISCO AS: årsregnskap 2004 vs 2003
Grew 32% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADDISCO AS. Revenue 5.51m NOK → 7.29m NOK (+32.3%). Equity 734.0k NOK → 2.29m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDISCO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.51m NOK to 7.29m NOK (+32.3% YoY). Calculated
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↑
Equity strengthened
Book equity 734.0k NOK → 2.29m NOK (equity ratio 37.7% → 81.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +926.3k NOK → +830.9k NOK (op. margin 16.8% → 11.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 680.8k NOK → 721.8k NOK (12% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.31m NOK → 4.87m NOK (+47.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6 583 NOK → 0 NOK. Reported fact