A G KJØSTVEDT AS: årsregnskap 2002 vs 2001
Grew 21% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2002 with 2001 for A G KJØSTVEDT AS. Revenue 5.54m NOK → 6.70m NOK (+21.0%). Net result +164.2k NOK → +661.1k NOK. Equity 786.4k NOK → 947.4k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A G KJØSTVEDT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 5.54m NOK to 6.70m NOK (+21.0% YoY). Calculated
-
↑
Net result improved
Net result +164.2k NOK → +661.1k NOK (net margin 3.0% → 9.9%). Calculated
-
↑
Equity strengthened
Book equity 786.4k NOK → 947.4k NOK (equity ratio 16.4% → 23.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +422.0k NOK → +125.1k NOK (op. margin 7.6% → 1.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.29m NOK → 1.55m NOK (23% → 23% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 2.71m NOK → 3.03m NOK (+11.8% YoY). Calculated