A. M. VIK AS: årsregnskap 2003 vs 2002
Grew 77% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A. M. VIK AS. Revenue 4.25m NOK → 7.52m NOK (+77.1%). Net result +127.7k NOK → +364.0k NOK. Equity 822.7k NOK → 886.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. M. VIK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.25m NOK to 7.52m NOK (+77.1% YoY). Calculated
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Operating result improved
Operating result +148.0k NOK → +576.1k NOK (op. margin 3.5% → 7.7%). Calculated
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Net result improved
Net result +127.7k NOK → +364.0k NOK (net margin 3.0% → 4.8%). Calculated
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Equity strengthened
Book equity 822.7k NOK → 886.6k NOK (equity ratio 49.7% → 24.7%). Calculated
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Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
Things to notice
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Payroll increased
Salary cost 2 NOK → 1.73m NOK (0% → 23% of revenue). Calculated