ADP AS: årsregnskap 2005 vs 2004
Grew 90% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADP AS. Revenue 319.8k NOK → 606.7k NOK (+89.7%). Equity 131.4k NOK → 5.12m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 319.8k NOK to 606.7k NOK (+89.7% YoY). Calculated
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↑
Equity strengthened
Book equity 131.4k NOK → 5.12m NOK (equity ratio 69.0% → 1864.6%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +40.7k NOK → -16.2k NOK (op. margin 12.7% → -2.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 105 NOK → 284.2k NOK (1% → 47% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 13.6k NOK → 26.7k NOK (+95.9% YoY). Calculated