ADRENALINEVENT AS: årsregnskap 2005 vs 2004
Grew 8% on revenue
Summary
What changed
Comparing Årsregnskap 2005 with 2004 for ADRENALINEVENT AS. Revenue 307.5k NOK → 331.9k NOK (+7.9%). Equity 110.9k NOK → 76.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADRENALINEVENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 307.5k NOK to 331.9k NOK (+7.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +98.4k NOK → -42.0k NOK (op. margin 32.0% → -12.7%). Calculated
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↓
Equity eroded
Book equity 110.9k NOK → 76.4k NOK (equity ratio 46.9% → 58.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 110.0k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 187 NOK → 66.0k NOK (0% → 20% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 114.4k NOK → 107.5k NOK (-6.0% YoY). Calculated