A PEDERSEN-MJAANES AS: årsregnskap 2003 vs 2002
Grew 9% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A PEDERSEN-MJAANES AS. Revenue 2.60m NOK → 2.83m NOK (+8.8%). Net result +275.3k NOK → +432.0k NOK. Equity 564.4k NOK → 696.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.60m NOK to 2.83m NOK (+8.8% YoY). Calculated
-
↑
Operating result improved
Operating result +368.0k NOK → +602.6k NOK (op. margin 14.2% → 21.3%). Calculated
-
↑
Net result improved
Net result +275.3k NOK → +432.0k NOK (net margin 10.6% → 15.3%). Calculated
-
↑
Equity strengthened
Book equity 564.4k NOK → 696.4k NOK (equity ratio 3399.0% → 53.2%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.00× → 2.14×. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.89m NOK → 1.89m NOK (-0.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 100.1k NOK → 4 100 NOK. Reported fact