FirmaIQ
Org.nr 933 897 206 2002 → 2003 Year-over-year analysis

A ULVESETH AS: årsregnskap 2003 vs 2002

Grew 10% on revenue, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A ULVESETH AS. Revenue 47.48m NOK → 52.47m NOK (+10.5%). Equity 4.28m NOK → 3.58m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A ULVESETH AS.

At a glance

Scorecard

Revenue
47.48m NOK 52.47m NOK
+10.5%
Operating result
+2.10m NOK +1.96m NOK
-6.7%
Equity
4.28m NOK 3.58m NOK
-16.4%
Total assets
13.67m NOK 15.32m NOK
+12.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.48m NOK to 52.47m NOK (+10.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 58.0k NOK → 116.0k NOK (+58.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.10m NOK → +1.96m NOK (op. margin 4.4% → 3.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.28m NOK → 3.58m NOK (equity ratio 31.3% → 23.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 5.54m NOK (0% → 11% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 37.47m NOK → 41.29m NOK (+10.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 46.1k NOK → 57.6k NOK. Reported fact