A M ANGVIK AS: årsregnskap 2003 vs 2002
Grew 16% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A M ANGVIK AS. Revenue 18.54m NOK → 21.56m NOK (+16.3%). Equity 4.56m NOK → 4.59m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A M ANGVIK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.54m NOK to 21.56m NOK (+16.3% YoY). Calculated
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↑
Equity strengthened
Book equity 4.56m NOK → 4.59m NOK (equity ratio 37.7% → 41.7%). 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 435.8k NOK → 426.2k NOK (2% → 2% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +879.6k NOK → +143.9k NOK (op. margin 4.7% → 0.7%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 16.35m NOK → 19.38m NOK (+18.5% YoY). Calculated