Org.nr 983 384 099 2002 → 2003 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2003 vs 2002

Grew 959% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for A-TECH PROFFSERVICE AS. Revenue 130.0k NOK → 1.38m NOK (+958.6%). Net result +13.9k NOK → +28.2k NOK. Equity 162.4k NOK → 134.1k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.

Scorecard

Revenue
130.0k NOK 1.38m NOK
+958.6%
Operating result
+29.4k NOK +11.1k NOK
-62.3%
Net result
+13.9k NOK +28.2k NOK
+103.0%
Equity
162.4k NOK 134.1k NOK
-17.4%
Total assets
684.1k NOK 146.2k NOK
-78.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 130.0k NOK to 1.38m NOK (+958.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +13.9k NOK → +28.2k NOK (net margin 10.7% → 2.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +29.4k NOK → +11.1k NOK (op. margin 22.6% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 162.4k NOK → 134.1k NOK (equity ratio 23.7% → 91.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 186.7k NOK → 473.3k NOK (+153.5% YoY). Calculated