FirmaIQ
Org.nr 984 560 583 2003 → 2004 Year-over-year analysis

ADIFICO ØKONOMI AS: årsregnskap 2004 vs 2003

Grew 17% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADIFICO ØKONOMI AS. Revenue 784.7k NOK → 919.1k NOK (+17.1%). Net result +225.0k NOK → +405.8k NOK. Equity 107.8k NOK → 107.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
784.7k NOK 919.1k NOK
+17.1%
Operating result
+301.3k NOK +556.8k NOK
+84.8%
Net result
+225.0k NOK +405.8k NOK
+80.4%
Equity
107.8k NOK 107.0k NOK
-0.8%
Cash
74.3k NOK 28.2k NOK
-62.0%
Total assets
624.3k NOK 871.0k NOK
+39.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 784.7k NOK to 919.1k NOK (+17.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +301.3k NOK → +556.8k NOK (op. margin 38.4% → 60.6%). Calculated

  • ↑

    Net result improved

    Net result +225.0k NOK → +405.8k NOK (net margin 28.7% → 44.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 313.4k NOK → 212.7k NOK (40% → 23% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 74.3k NOK → 28.2k NOK (-62.0% YoY). Calculated