Org.nr 937 182 678 2003 → 2004 Year-over-year analysis

ADLER AS: årsregnskap 2004 vs 2003

Shrank 36% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2004 with 2003 for ADLER AS. Revenue 2.97m NOK → 1.91m NOK (-35.9%). Equity 6.27m NOK → 6.10m NOK.

Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADLER AS.

Scorecard

Revenue
2.97m NOK 1.91m NOK
-35.9%
Operating result
+2.01m NOK n/m
—
Equity
6.27m NOK 6.10m NOK
-2.6%
Total assets
16.95m NOK 19.44m NOK
+14.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.97m NOK to 1.91m NOK (-35.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.27m NOK → 6.10m NOK (equity ratio 37.0% → 31.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.39m NOK → 38.3k NOK. Reported fact