Org.nr 953 223 937 2003 → 2004 Year-over-year analysis

ADHOC SOFTWARE AS: årsregnskap 2004 vs 2003

Grew 11077% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADHOC SOFTWARE AS. Revenue 37.0k NOK → 4.14m NOK (+11077.0%). Net result +258.8k NOK → +303.9k NOK. Equity 113.5k NOK → 111.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

Scorecard

Revenue
37.0k NOK 4.14m NOK
+11077.0%
Operating result
+343.0k NOK +416.1k NOK
+21.3%
Net result
+258.8k NOK +303.9k NOK
+17.4%
Equity
113.5k NOK 111.3k NOK
-1.9%
Cash
441.8k NOK 529.9k NOK
+20.0%
Total assets
713.3k NOK 760.8k NOK
+6.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.0k NOK to 4.14m NOK (+11077.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +343.0k NOK → +416.1k NOK (op. margin 927.2% → 10.1%). Calculated

  • ↑

    Net result improved

    Net result +258.8k NOK → +303.9k NOK (net margin 699.5% → 7.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 441.8k NOK → 529.9k NOK (+20.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 113.5k NOK → 111.3k NOK (equity ratio 15.9% → 14.6%). Calculated