FirmaIQ
Org.nr 935 106 877 2002 → 2003 Year-over-year analysis

A H VASBOTN AS: årsregnskap 2003 vs 2002

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A H VASBOTN AS. Revenue 4.16m NOK → 4.32m NOK (+3.9%). Net result +248.4k NOK → +29.5k NOK. Equity 853.9k NOK → 883.4k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A H VASBOTN AS.

At a glance

Scorecard

Revenue
4.16m NOK 4.32m NOK
+3.9%
Operating result
+472.9k NOK +80.2k NOK
-83.0%
Net result
+248.4k NOK +29.5k NOK
-88.1%
Equity
853.9k NOK 883.4k NOK
+3.5%
Total assets
1.85m NOK 2.67m NOK
+44.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.16m NOK to 4.32m NOK (+3.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 853.9k NOK → 883.4k NOK (equity ratio 46.2% → 33.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +472.9k NOK → +80.2k NOK (op. margin 11.4% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +248.4k NOK → +29.5k NOK (net margin 6.0% → 0.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 834.9k NOK → 1.15m NOK (20% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.36m NOK → 2.49m NOK (+5.7% YoY). Calculated