A/S Longvafisk: årsregnskap 2003 vs 2002
Shrank 41% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A/S Longvafisk. Revenue 26.59m NOK → 15.69m NOK (-41.0%). Equity 1.08m NOK → 1.11m NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Longvafisk.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +686.7k NOK → +828.2k NOK (op. margin 2.6% → 5.3%). Calculated
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↑
Equity strengthened
Book equity 1.08m NOK → 1.11m NOK (equity ratio 18.7% → 36.0%). Calculated
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↑
Payroll decreased
Salary cost 1.81m NOK → 1.22m NOK (7% → 8% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.59m NOK to 15.69m NOK (-41.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 21.29m NOK → 10.68m NOK (-49.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 60.0k NOK. Reported fact