ADL PRODUKTER AS: årsregnskap 2004 vs 2003
Grew 14% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADL PRODUKTER AS. Revenue 2.72m NOK → 3.10m NOK (+13.9%). Net result +23.7k NOK → +45.3k NOK. Equity 239.4k NOK → 284.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADL PRODUKTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.72m NOK to 3.10m NOK (+13.9% YoY). Calculated
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↑
Operating result improved
Operating result +51.4k NOK → +84.1k NOK (op. margin 1.9% → 2.7%). Calculated
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Net result improved
Net result +23.7k NOK → +45.3k NOK (net margin 0.9% → 1.5%). Calculated
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↑
Equity strengthened
Book equity 239.4k NOK → 284.8k NOK (equity ratio 28.2% → 35.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 68.6k NOK → 47.6k NOK (-30.5% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.53m NOK → 1.85m NOK (+21.1% YoY). Calculated