ADOKS EIENDOM AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for ADOKS EIENDOM AS. Revenue 1.25m NOK → 1.27m NOK (+1.2%). Equity 2.72m NOK → 3.12m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOKS EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.25m NOK to 1.27m NOK (+1.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 2.72m NOK → 3.12m NOK (equity ratio 18.3% → 18.9%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +942.4k NOK → +875.1k NOK (op. margin 75.4% → 69.2%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.46× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 118.1k NOK → 1 910 NOK. Reported fact