3 TS INDUSTRISERVICE AS: årsregnskap 2002 vs 2001
Grew 11% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for 3 TS INDUSTRISERVICE AS. Revenue 8.17m NOK → 9.05m NOK (+10.8%). Net result +192.5k NOK → +819.5k NOK. Equity 750.0k NOK → 999.1k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3 TS INDUSTRISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.17m NOK to 9.05m NOK (+10.8% YoY). Calculated
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↑
Net result improved
Net result +192.5k NOK → +819.5k NOK (net margin 2.4% → 9.1%). Calculated
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↑
Equity strengthened
Book equity 750.0k NOK → 999.1k NOK (equity ratio 20.4% → 24.1%). Calculated
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↑
Cash rose
Bank deposits 215.9k NOK → 252.4k NOK (+16.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +418.4k NOK → +368.3k NOK (op. margin 5.1% → 4.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.57m NOK → 3.63m NOK (44% → 40% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 417.8k NOK → 396.9k NOK (-5.0% YoY). Calculated