FirmaIQ
Org.nr 947 812 815 2003 → 2004 Year-over-year analysis

ADONIS AS: årsregnskap 2004 vs 2003

Shrank 26% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for ADONIS AS. Revenue 5.28m NOK → 3.89m NOK (-26.2%). Net result +621.5k NOK → +235.8k NOK. Equity 1.79m NOK → 1.55m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
5.28m NOK 3.89m NOK
-26.2%
Operating result
-456.4k NOK -51.1k NOK
+88.8%
Net result
+621.5k NOK +235.8k NOK
-62.1%
Equity
1.79m NOK 1.55m NOK
-13.2%
Total assets
7.42m NOK 6.13m NOK
-17.4%

What improved

  • ↑

    Operating result improved

    Operating result -456.4k NOK → -51.1k NOK (op. margin -8.6% → -1.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.56m NOK → 1.95m NOK (67% → 50% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.28m NOK to 3.89m NOK (-26.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +621.5k NOK → +235.8k NOK (net margin 11.8% → 6.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.79m NOK → 1.55m NOK (equity ratio 24.1% → 25.3%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 81.8k NOK → 202.3k NOK (+147.4% YoY). Calculated