4KNITS AS: årsregnskap 2003 vs 2002
Grew 32% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for 4KNITS AS. Revenue 2.51m NOK → 3.31m NOK (+31.8%). Equity 180.5k NOK → 121.3k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4KNITS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.51m NOK to 3.31m NOK (+31.8% YoY). Calculated
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↑
Operating result improved
Operating result +40.4k NOK → +293.3k NOK (op. margin 1.6% → 8.9%). Calculated
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↑
Cash rose
Bank deposits 126.0k NOK → 423.2k NOK (+235.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 180.5k NOK → 121.3k NOK (equity ratio 26.5% → 12.8%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 780.6k NOK → 1.30m NOK (+65.9% YoY). Calculated