A.K.WALLØE EIENDOM AS: årsregnskap 2003 vs 2002
Grew 509% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A.K.WALLØE EIENDOM AS. Revenue 518.6k NOK → 3.16m NOK (+509.5%). Net result +621.9k NOK → +297.5k NOK. Equity 352.7k NOK → 535.1k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 518.6k NOK to 3.16m NOK (+509.5% YoY). Calculated
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↑
Equity strengthened
Book equity 352.7k NOK → 535.1k NOK (equity ratio 91.9% → 41.8%). 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 +849.2k NOK → +424.4k NOK (op. margin 163.8% → 13.4%). Calculated
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↓
Net result weakened
Net result +621.9k NOK → +297.5k NOK (net margin 119.9% → 9.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 161.5k NOK → 1.33m NOK (31% → 42% of revenue). Calculated
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COGS moved
COGS / varekostnad 312.6k NOK → 777.0k NOK (+148.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 44.0k NOK → 0 NOK. Reported fact