FirmaIQ
Org.nr 931 260 553 2002 → 2003 Year-over-year analysis

A BJØRNSTAD AS: årsregnskap 2003 vs 2002

Shrank 58% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A BJØRNSTAD AS. Revenue 1.55m NOK → 651.6k NOK (-58.0%). Net result -185.0k NOK → -54.2k NOK. Equity 1.03m NOK → 977.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
1.55m NOK 651.6k NOK
-58.0%
Operating result
+649.2k NOK +694.8k NOK
+7.0%
Net result
-185.0k NOK -54.2k NOK
+70.7%
Equity
1.03m NOK 977.0k NOK
-5.3%
Total assets
10.06m NOK 9.44m NOK
-6.2%

What improved

  • ↑

    Operating result improved

    Operating result +649.2k NOK → +694.8k NOK (op. margin 41.9% → 106.6%). Calculated

  • ↑

    Net result improved

    Net result -185.0k NOK → -54.2k NOK (net margin -11.9% → -8.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.55m NOK to 651.6k NOK (-58.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.03m NOK → 977.0k NOK (equity ratio 10.2% → 10.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -67.8k NOK → 2 003 NOK (-4% → 0% of revenue). Calculated