FirmaIQ
Org.nr 932 056 674 2002 → 2003 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2003 vs 2002

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A. LANGKAAS & SØNN AS. Revenue 8.09m NOK → 7.03m NOK (-13.1%). Net result +551.6k NOK → +704.6k NOK. Equity 6.34m NOK → 4.04m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
8.09m NOK 7.03m NOK
-13.1%
Operating result
+426.7k NOK +721.9k NOK
+69.2%
Net result
+551.6k NOK +704.6k NOK
+27.7%
Equity
6.34m NOK 4.04m NOK
-36.2%
Cash
11.32m NOK 6.32m NOK
-44.1%
Total assets
14.17m NOK 8.50m NOK
-40.0%

What improved

  • ↑

    Operating result improved

    Operating result +426.7k NOK → +721.9k NOK (op. margin 5.3% → 10.3%). Calculated

  • ↑

    Net result improved

    Net result +551.6k NOK → +704.6k NOK (net margin 6.8% → 10.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.09m NOK to 7.03m NOK (-13.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.34m NOK → 4.04m NOK (equity ratio 44.7% → 47.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.32m NOK → 6.32m NOK (-44.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 60 NOK → 50.4k NOK (+83961.7% YoY). Calculated