Org.nr 976 518 292 2003 → 2004 Year-over-year analysis

ADIGO MEKATRONIKK AS: årsregnskap 2004 vs 2003

Grew 79% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADIGO MEKATRONIKK AS. Revenue 2.90m NOK → 5.21m NOK (+79.4%). Net result +617.7k NOK → +699.0k NOK. Equity 8 NOK → 285.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADIGO MEKATRONIKK AS.

Scorecard

Revenue
2.90m NOK 5.21m NOK
+79.4%
Operating result
+625.4k NOK +782.0k NOK
+25.1%
Net result
+617.7k NOK +699.0k NOK
+13.2%
Equity
8 NOK 285.8k NOK
+3572412.5%
Total assets
323.8k NOK 2.14m NOK
+560.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.90m NOK to 5.21m NOK (+79.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +625.4k NOK → +782.0k NOK (op. margin 21.6% → 15.0%). Calculated

  • ↑

    Net result improved

    Net result +617.7k NOK → +699.0k NOK (net margin 21.3% → 13.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 8 NOK → 285.8k NOK (equity ratio 0.0% → 13.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.12× → 1.27×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 516.9k NOK → 648.5k NOK (+25.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 150.2k NOK → 153.5k NOK. Reported fact