A L Høyer Askim AS: årsregnskap 2003 vs 2002
Grew 6% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A L Høyer Askim AS. Revenue 4.42m NOK → 4.68m NOK (+5.9%). Equity 224.6k NOK → 176.6k NOK.
On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A L Høyer Askim AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.42m NOK to 4.68m NOK (+5.9% YoY). Calculated
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↑
Operating result improved
Operating result -20.9k NOK → +620.9k NOK (op. margin -0.5% → 13.3%). Calculated
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Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.28m NOK → 3.10m NOK (74% → 66% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 224.6k NOK → 176.6k NOK (equity ratio 13.1% → 10.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 86.5k NOK → 51.9k NOK (-40.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.9k NOK → 22.5k NOK. Reported fact