FirmaIQ
Org.nr 961 987 318 2002 → 2003 Year-over-year analysis

A & R EIENDOM SKJERVØY AS: årsregnskap 2003 vs 2002

Weaker earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A & R EIENDOM SKJERVØY AS. Revenue 2.97m NOK → 3.07m NOK (+3.7%). Net result +176.7k NOK → +76.9k NOK. Equity 229.3k NOK → 306.2k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A & R EIENDOM SKJERVØY AS.

At a glance

Scorecard

Revenue
2.97m NOK 3.07m NOK
+3.7%
Operating result
+1.65m NOK +1.47m NOK
-11.0%
Net result
+176.7k NOK +76.9k NOK
-56.4%
Equity
229.3k NOK 306.2k NOK
+33.6%
Total assets
19.96m NOK 19.34m NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.97m NOK to 3.07m NOK (+3.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 229.3k NOK → 306.2k NOK (equity ratio 1.1% → 1.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 200.0k NOK (+150.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.65m NOK → +1.47m NOK (op. margin 55.7% → 47.8%). Calculated

  • ↓

    Net result weakened

    Net result +176.7k NOK → +76.9k NOK (net margin 6.0% → 2.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 41.2k NOK → 56.6k NOK (1% → 2% of revenue). Calculated