Org.nr 912 943 194 2002 → 2003 Year-over-year analysis

A. IDSØE HOLDING AS: årsregnskap 2003 vs 2002

Grew 13% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A. IDSØE HOLDING AS. Revenue 35.03m NOK → 39.50m NOK (+12.8%). Equity 4.34m NOK → 5.79m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A. IDSØE HOLDING AS.

At a glance

Revenue

35.03m NOK 39.50m NOK

+12.8%

Operating result

+2.81m NOK +2.35m NOK

-16.7%

Net result

+1.46m NOK n/m

—

Equity

4.34m NOK 5.79m NOK

+33.4%

Cash

2.40m NOK 2.30m NOK

-4.2%

Total assets

9.74m NOK n/m

—

↑
Revenue rose

Operating income / revenue moved from 35.03m NOK to 39.50m NOK (+12.8% YoY). Calculated
↑
Equity strengthened

Book equity 4.34m NOK → 5.79m NOK. Calculated
↑
Payroll decreased

Salary cost 5.09m NOK → 2 NOK (15% → 0% of revenue). Calculated

↓
Operating result weakened

Operating result +2.81m NOK → +2.35m NOK (op. margin 8.0% → 5.9%). Calculated
↓
Cash fell

Bank deposits 2.40m NOK → 2.30m NOK (-4.2% YoY). Calculated

·
COGS moved

COGS / varekostnad 24.87m NOK → 28.71m NOK (+15.5% YoY). Calculated
·
Book investments changed

Investment / intangible book value 118.3k NOK → 118 NOK. Reported fact