A B MATTESERVICE AS: årsregnskap 2003 vs 2002
Shrank 8% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A B MATTESERVICE AS. Revenue 2.58m NOK → 2.36m NOK (-8.2%). Equity -74.2k NOK → -18.4k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
2.58m NOK
2.36m NOK
-8.2%
Operating result
+20.6k NOK
+7 649 NOK
-62.9%
Equity
-74.2k NOK
-18.4k NOK
+75.2%
Total assets
811.9k NOK
643.0k NOK
-20.8%
What improved
-
↑
Equity strengthened
Book equity -74.2k NOK → -18.4k NOK (equity ratio -9.1% → -2.9%). Calculated
-
↑
Payroll decreased
Salary cost 2.20m NOK → 2 NOK (85% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.58m NOK to 2.36m NOK (-8.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +20.6k NOK → +7 649 NOK (op. margin 0.8% → 0.3%). Calculated
-
↓
COGS moved
COGS / varekostnad 99.4k NOK → 122.0k NOK (+22.8% YoY). Calculated