ADL PRODUKTER AS: årsregnskap 2005 vs 2004
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADL PRODUKTER AS. Revenue 3.10m NOK → 2.96m NOK (-4.5%). Net result +45.3k NOK → +19.7k NOK. Equity 284.8k NOK → 304.5k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADL PRODUKTER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 284.8k NOK → 304.5k NOK (equity ratio 35.0% → 40.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.10m NOK to 2.96m NOK (-4.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +84.1k NOK → +35.0k NOK (op. margin 2.7% → 1.2%). Calculated
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↓
Net result weakened
Net result +45.3k NOK → +19.7k NOK (net margin 1.5% → 0.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 NOK → 607.7k NOK (0% → 21% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.85m NOK → 1.75m NOK (-5.5% YoY). Calculated