A. HANSEN GRUPPEN AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A. HANSEN GRUPPEN AS. Revenue 19.04m NOK → 18.59m NOK (-2.4%). Equity 708.3k NOK → 765.3k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. HANSEN GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 708.3k NOK → 765.3k NOK (equity ratio 10.0% → 15.1%). Calculated
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↑
Payroll decreased
Salary cost 5.54m NOK → 2 003 NOK (29% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.04m NOK to 18.59m NOK (-2.4% YoY). Calculated
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↓
Operating result weakened
Operating result +841.6k NOK → +122.4k NOK (op. margin 4.4% → 0.7%). Calculated
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↓
Cash fell
Bank deposits 619.5k NOK → 483.2k NOK (-22.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 9.04m NOK → 9.63m NOK (+6.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 250 NOK → 25.0k NOK. Reported fact