ADMINOR AS: årsregnskap 2004 vs 2003
Shrank 99% on revenue
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADMINOR AS. Revenue 3.85m NOK → 41.6k NOK (-98.9%). Equity 596.3k NOK → 165.3k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.85m NOK
41.6k NOK
-98.9%
Operating result
+647.7k NOK
+569.2k NOK
-12.1%
Net result
+447.6k NOK
n/m
—
Equity
596.3k NOK
165.3k NOK
-72.3%
Total assets
1.72m NOK
1.65m NOK
-4.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.85m NOK to 41.6k NOK (-98.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +647.7k NOK → +569.2k NOK (op. margin 16.8% → 1369.5%). Calculated
-
↓
Equity eroded
Book equity 596.3k NOK → 165.3k NOK (equity ratio 34.6% → 10.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2.41m NOK → 2.51m NOK (63% → 6048% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 22.3k NOK → 41.6k NOK (+86.1% YoY). Calculated