A BIRKELAND TRAPPESNEKKERI AS: årsregnskap 2003 vs 2002
Shrank 30% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A BIRKELAND TRAPPESNEKKERI AS. Revenue 2.10m NOK → 1.46m NOK (-30.2%). Net result +326.8k NOK → +1 411 NOK. Equity 207.7k NOK → 209.2k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BIRKELAND TRAPPESNEKKERI AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 207.7k NOK → 209.2k NOK (equity ratio 10.1% → 13.0%). Calculated
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↑
Cash rose
Bank deposits 716.3k NOK → 791.1k NOK (+10.4% 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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↓
Revenue fell
Operating income / revenue moved from 2.10m NOK to 1.46m NOK (-30.2% YoY). Calculated
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↓
Operating result weakened
Operating result +455.5k NOK → +23.6k NOK (op. margin 21.7% → 1.6%). Calculated
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↓
Net result weakened
Net result +326.8k NOK → +1 411 NOK (net margin 15.6% → 0.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 537.9k NOK → 400.3k NOK (-25.6% YoY). Calculated