FirmaIQ
Org.nr 967 070 246 2004 → 2005 Year-over-year analysis

ADMINS AS: årsregnskap 2005 vs 2004

Shrank 14% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for ADMINS AS. Revenue 3.98m NOK → 3.42m NOK (-13.9%). Net result +554.2k NOK → +400.9k NOK. Equity 164.0k NOK → 564.9k 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 ADMINS AS.

At a glance

Scorecard

Revenue
3.98m NOK 3.42m NOK
-13.9%
Operating result
+997.1k NOK +515.8k NOK
-48.3%
Net result
+554.2k NOK +400.9k NOK
-27.7%
Equity
164.0k NOK 564.9k NOK
+244.5%
Total assets
633.0k NOK 1.28m NOK
+101.5%

What improved

  • ↑

    Equity strengthened

    Book equity 164.0k NOK → 564.9k NOK (equity ratio 25.9% → 44.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.98m NOK to 3.42m NOK (-13.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +997.1k NOK → +515.8k NOK (op. margin 25.1% → 15.1%). Calculated

  • ↓

    Net result weakened

    Net result +554.2k NOK → +400.9k NOK (net margin 13.9% → 11.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.46m NOK → 1.61m NOK (37% → 47% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 904.4k NOK → 819.2k NOK (-9.4% YoY). Calculated