FirmaIQ
Org.nr 877 188 922 2002 → 2003 Year-over-year analysis

A JONASSEN AS: årsregnskap 2003 vs 2002

Grew 24% on revenue, weaker earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A JONASSEN AS. Revenue 1.37m NOK → 1.69m NOK (+23.5%). Net result +62.9k NOK → +31.2k NOK. Equity 180.4k NOK → 99.2k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
1.37m NOK 1.69m NOK
+23.5%
Operating result
+168.3k NOK +142.8k NOK
-15.1%
Net result
+62.9k NOK +31.2k NOK
-50.4%
Equity
180.4k NOK 99.2k NOK
-45.0%
Total assets
563.0k NOK 616.1k NOK
+9.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.37m NOK to 1.69m NOK (+23.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +168.3k NOK → +142.8k NOK (op. margin 12.3% → 8.4%). Calculated

  • ↓

    Net result weakened

    Net result +62.9k NOK → +31.2k NOK (net margin 4.6% → 1.8%). Calculated

  • ↓

    Equity eroded

    Book equity 180.4k NOK → 99.2k NOK (equity ratio 32.0% → 16.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 47.8k NOK → 417.8k NOK (3% → 25% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 803.5k NOK → 769.6k NOK (-4.2% YoY). Calculated