ADMIN AS: årsregnskap 2004 vs 2003
Grew 17% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADMIN AS. Revenue 7.31m NOK → 8.55m NOK (+17.1%). Equity 509.3k NOK → 509.1k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.31m NOK to 8.55m NOK (+17.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 500 NOK → 500.0k NOK (+499.5k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +867.1k NOK → +598.2k NOK (op. margin 11.9% → 7.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 48.7k NOK → 1.27m NOK (1% → 15% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.03m NOK → 4.56m NOK (+13.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 10.5k NOK → 156.7k NOK. Reported fact