A Mølmen Transport AS: årsregnskap 2003 vs 2002
Grew 19% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A Mølmen Transport AS. Revenue 2.16m NOK → 2.57m NOK (+19.1%). Net result +271.9k NOK → +276.2k NOK. Equity 1.31m NOK → 1.51m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A Mølmen Transport AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.16m NOK to 2.57m NOK (+19.1% YoY). Calculated
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↑
Equity strengthened
Book equity 1.31m NOK → 1.51m NOK (equity ratio 42.9% → 34.8%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +473.2k NOK → +446.8k NOK (op. margin 21.9% → 17.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.09× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 247.1k NOK → 324.6k NOK (11% → 13% of revenue). Calculated