FirmaIQ
Org.nr 915 370 624 2002 → 2003 Year-over-year analysis

A/S Rep-Rek: årsregnskap 2003 vs 2002

Slipped into loss

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A/S Rep-Rek. Revenue 13.99m NOK → 13.35m NOK (-4.6%). Net result +801.6k NOK → -295.2k NOK. Equity 2.34m NOK → 2.05m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S Rep-Rek.

At a glance

Scorecard

Revenue
13.99m NOK 13.35m NOK
-4.6%
Operating result
+158.3k NOK -316.4k NOK
-299.9%
Net result
+801.6k NOK -295.2k NOK
-136.8%
Equity
2.34m NOK 2.05m NOK
-12.6%
Total assets
6.26m NOK 5.95m NOK
-4.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.99m NOK to 13.35m NOK (-4.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +158.3k NOK → -316.4k NOK (op. margin 1.1% → -2.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 801.6k NOK profit to a loss of 295.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.34m NOK → 2.05m NOK (equity ratio 37.4% → 34.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.56m NOK → 7.03m NOK (40% → 53% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.69m NOK → 2.45m NOK (-8.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 28.5k NOK → 694.9k NOK. Reported fact