Org.nr 913 214 439 2002 → 2003 Year-over-year analysis

A JOHANSEN AS: årsregnskap 2003 vs 2002

Shrank 32% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A JOHANSEN AS. Revenue 40.23m NOK → 27.53m NOK (-31.6%). Equity 1.85m NOK → 2.07m NOK.

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

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

At a glance

Revenue

40.23m NOK 27.53m NOK

-31.6%

Operating result

-3.05m NOK +1.91m NOK

+162.7%

Equity

1.85m NOK 2.07m NOK

+12.0%

Total assets

20.82m NOK 18.16m NOK

-12.8%

↑
Operating result improved

Operating result -3.05m NOK → +1.91m NOK (op. margin -7.6% → 6.9%). Calculated
↑
Equity strengthened

Book equity 1.85m NOK → 2.07m NOK (equity ratio 8.9% → 11.4%). Calculated
↑
Payroll decreased

Salary cost 4.65m NOK → 3.94m NOK (12% → 14% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 40.23m NOK to 27.53m NOK (-31.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 28.15m NOK → 16.12m NOK (-42.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 173.6k NOK → 175.0k NOK. Reported fact