Org.nr 979 334 494 2002 → 2003 Year-over-year analysis

A & B ANDREASSEN MASKIN AS: årsregnskap 2003 vs 2002

Grew 41% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A & B ANDREASSEN MASKIN AS. Revenue 2.79m NOK → 3.93m NOK (+41.0%). Equity 48.8k NOK → 196.4k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & B ANDREASSEN MASKIN AS.

At a glance

Revenue

2.79m NOK 3.93m NOK

+41.0%

Operating result

-270.5k NOK +228.4k NOK

+184.4%

Equity

48.8k NOK 196.4k NOK

+302.9%

Cash

27.4k NOK 8.50m NOK

+30910.2%

Total assets

1.88m NOK 657.0k NOK

-65.1%

↑
Revenue rose

Operating income / revenue moved from 2.79m NOK to 3.93m NOK (+41.0% YoY). Calculated
↑
Operating result improved

Operating result -270.5k NOK → +228.4k NOK (op. margin -9.7% → 5.8%). Calculated
↑
Equity strengthened

Book equity 48.8k NOK → 196.4k NOK (equity ratio 2.6% → 29.9%). Calculated
↑
Cash rose

Bank deposits 27.4k NOK → 8.50m NOK (+30910.2% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.71× → 4.08×. Calculated