FirmaIQ
Org.nr 948 234 130 2002 → 2003 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2003 vs 2002

Grew 11% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A.L. HØYER AS. Revenue 14.00m NOK → 15.58m NOK (+11.3%). Net result +1.39m NOK → +1.64m NOK. Equity 1.15m NOK → 1.17m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

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

At a glance

Scorecard

Revenue
14.00m NOK 15.58m NOK
+11.3%
Operating result
+2.13m NOK +1.89m NOK
-11.2%
Net result
+1.39m NOK +1.64m NOK
+18.7%
Equity
1.15m NOK 1.17m NOK
+1.7%
Cash
5.02m NOK 5.54m NOK
+10.3%
Total assets
11.45m NOK 11.65m NOK
+1.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.00m NOK to 15.58m NOK (+11.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.39m NOK → +1.64m NOK (net margin 9.9% → 10.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.15m NOK → 1.17m NOK (equity ratio 10.0% → 10.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.02m NOK → 5.54m NOK (+10.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.13m NOK → +1.89m NOK (op. margin 15.2% → 12.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.01m NOK → 2.23m NOK (+119.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.54m NOK → 1.03m NOK. Reported fact