A/S Bulldozer Maskinlag: årsregnskap 2003 vs 2002
Grew 67% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A/S Bulldozer Maskinlag. Revenue 1.85m NOK → 3.10m NOK (+67.4%). Equity 10.27m NOK → 10.33m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Bulldozer Maskinlag.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.85m NOK to 3.10m NOK (+67.4% YoY). Calculated
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↑
Operating result improved
Operating result -319.8k NOK → +1 966 NOK (op. margin -17.3% → 0.1%). Calculated
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↑
Equity strengthened
Book equity 10.27m NOK → 10.33m NOK (equity ratio 86.0% → 80.3%). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 680.0k NOK → 670.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 1.12m NOK → 1.18m NOK (60% → 38% of revenue). Calculated
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COGS moved
COGS / varekostnad 9.97m NOK → 13.02m NOK (+30.6% YoY). Calculated