FirmaIQ
Org.nr 946 995 517 2002 → 2003 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2003 vs 2002

Grew 18% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S Even Cudrio. Revenue 9.78m NOK → 11.53m NOK (+18.0%). Net result +541.9k NOK → +448.2k NOK. Equity 369.7k NOK → 397.9k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A/S Even Cudrio.

At a glance

Scorecard

Revenue
9.78m NOK 11.53m NOK
+18.0%
Operating result
+961.6k NOK +776.7k NOK
-19.2%
Net result
+541.9k NOK +448.2k NOK
-17.3%
Equity
369.7k NOK 397.9k NOK
+7.6%
Total assets
3.67m NOK 3.95m NOK
+7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.78m NOK to 11.53m NOK (+18.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 369.7k NOK → 397.9k NOK (equity ratio 10.1% → 10.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +961.6k NOK → +776.7k NOK (op. margin 9.8% → 6.7%). Calculated

  • ↓

    Net result weakened

    Net result +541.9k NOK → +448.2k NOK (net margin 5.5% → 3.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.95m NOK → 4.17m NOK (40% → 36% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.12m NOK → 4.64m NOK (+48.5% YoY). Calculated