ADRENALIN AS: årsregnskap 2005 vs 2004
Grew 439% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADRENALIN AS. Revenue 111.8k NOK → 602.1k NOK (+438.5%). Net result -220.1k NOK → +93.5k NOK. Equity -105.3k NOK → -11.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADRENALIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 111.8k NOK to 602.1k NOK (+438.5% YoY). Calculated
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Operating result improved
Operating result -216.4k NOK → +93.7k NOK (op. margin -193.6% → 15.6%). Calculated
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Turned profitable
Net result flipped from a loss of 220.1k NOK to a profit of 93.5k NOK. Calculated
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Equity strengthened
Book equity -105.3k NOK → -11.9k NOK (equity ratio -191.4% → -3.1%). Calculated
Things to notice
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Payroll increased
Salary cost 128.3k NOK → 256.0k NOK (115% → 43% of revenue). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 47.4k NOK (None YoY). Calculated