A TITLESTAD AS: årsregnskap 2003 vs 2002
Grew 26% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A TITLESTAD AS. Revenue 2.77m NOK → 3.49m NOK (+26.2%). Equity 108.0k NOK → 113.0k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.77m NOK to 3.49m NOK (+26.2% YoY). Calculated
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↑
Operating result improved
Operating result +124.3k NOK → +232.2k NOK (op. margin 4.5% → 6.6%). Calculated
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↑
Equity strengthened
Book equity 108.0k NOK → 113.0k NOK (equity ratio 12.5% → 13.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.19m NOK → 1.45m NOK (43% → 41% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 935.0k NOK → 278.8k NOK (-70.2% YoY). Calculated