A & BIRGER LUNKE AS: årsregnskap 2003 vs 2002
Grew 22% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A & BIRGER LUNKE AS. Revenue 1.08m NOK → 1.33m NOK (+22.4%). Net result +12.89bn NOK → +309.7k NOK. Equity 200.5k NOK → 210.2k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A & BIRGER LUNKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.08m NOK to 1.33m NOK (+22.4% YoY). Calculated
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↑
Operating result improved
Operating result +62.6k NOK → +410.1k NOK (op. margin 5.8% → 30.9%). Calculated
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↑
Equity strengthened
Book equity 200.5k NOK → 210.2k NOK (equity ratio 25.0% → 151.2%). Calculated
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↑
Cash rose
Bank deposits 49.5k NOK → 284.5k NOK (+474.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +12.89bn NOK → +309.7k NOK (net margin 1188260.6% → 23.3%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 42.7k NOK → 78.4k NOK (+83.6% YoY). Calculated