ADNOVA AS: årsregnskap 2005 vs 2004
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADNOVA AS. Revenue 210.3k NOK → 180.4k NOK (-14.2%). Equity -49.3k NOK → 10.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
210.3k NOK
180.4k NOK
-14.2%
Operating result
+141.4k NOK
+81.1k NOK
-42.6%
Equity
-49.3k NOK
10.7k NOK
+121.6%
Total assets
196.8k NOK
127.1k NOK
-35.4%
What improved
-
↑
Equity strengthened
Book equity -49.3k NOK → 10.7k NOK (equity ratio -25.1% → 8.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 210.3k NOK to 180.4k NOK (-14.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +141.4k NOK → +81.1k NOK (op. margin 67.2% → 45.0%). Calculated