A-BYGG AS: årsregnskap 2003 vs 2002
Grew 235% on revenue, slipped into loss, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A-BYGG AS. Revenue 425.1k NOK → 1.42m NOK (+235.0%). Net result +441.7k NOK → -4 580 NOK. Equity 161.0k NOK → 156.4k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 425.1k NOK to 1.42m NOK (+235.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 391.7k NOK → 2 NOK (92% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +797.1k NOK → -33.0k NOK (op. margin 187.5% → -2.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 441.7k NOK profit to a loss of 4 580 NOK. Calculated
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↓
Equity eroded
Book equity 161.0k NOK → 156.4k NOK (equity ratio 26.4% → 36.6%). Calculated
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↓
Cash fell
Bank deposits 726.8k NOK → 186.8k NOK (-74.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.96m NOK → 823.1k NOK (-58.1% YoY). Calculated