A NILSSON & CO AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A NILSSON & CO AS. Revenue 63.56m NOK → 62.93m NOK (-1.0%). Equity 1.73m NOK → 1.30m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
63.56m NOK
62.93m NOK
-1.0%
Operating result
+5.40m NOK
+2.18m NOK
-59.5%
Net result
+4.06m NOK
n/m
—
Equity
1.73m NOK
1.30m NOK
-24.4%
Total assets
14.93m NOK
12.90m NOK
-13.5%
What improved
-
↑
Payroll decreased
Salary cost -5.21m NOK → -5.92m NOK (-8% → -9% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 63.56m NOK to 62.93m NOK (-1.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +5.40m NOK → +2.18m NOK (op. margin 8.5% → 3.5%). Calculated
-
↓
Equity eroded
Book equity 1.73m NOK → 1.30m NOK (equity ratio 11.6% → 10.1%). Calculated
-
↓
COGS moved
COGS / varekostnad -53.77m NOK → -51.43m NOK (+4.3% YoY). Calculated