A K GRANHEIM AS: årsregnskap 2003 vs 2002
Grew 151% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A K GRANHEIM AS. Revenue 551.2k NOK → 1.39m NOK (+151.3%). Equity 294.9k NOK → 352.4k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A K GRANHEIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 551.2k NOK to 1.39m NOK (+151.3% YoY). Calculated
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↑
Equity strengthened
Book equity 294.9k NOK → 352.4k NOK (equity ratio 36.7% → 46.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +373.6k NOK → +79.6k NOK (op. margin 67.8% → 5.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 585.1k NOK → 925.0k NOK (106% → 67% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 552.3k NOK → 329.5k NOK (-40.3% YoY). Calculated