FirmaIQ
Org.nr 947 526 944 2003 → 2004 Year-over-year analysis

ADM AS: årsregnskap 2004 vs 2003

Shrank 33% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADM AS. Revenue 1.23m NOK → 821.6k NOK (-32.9%). Net result -9 906 NOK → +98.8k NOK. Equity 179.1k NOK → 207.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.23m NOK 821.6k NOK
-32.9%
Operating result
+140.0k NOK +427.6k NOK
+205.3%
Net result
-9 906 NOK +98.8k NOK
+1097.3%
Equity
179.1k NOK 207.9k NOK
+16.1%
Total assets
1.94m NOK 460.0k NOK
-76.2%

What improved

  • ↑

    Operating result improved

    Operating result +140.0k NOK → +427.6k NOK (op. margin 11.4% → 52.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 906 NOK to a profit of 98.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 179.1k NOK → 207.9k NOK (equity ratio 9.2% → 45.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.31×. Calculated

  • ↑

    Payroll decreased

    Salary cost 483.3k NOK → 66.5k NOK (39% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.23m NOK to 821.6k NOK (-32.9% YoY). Calculated