Org.nr 927 479 915 2002 → 2003 Year-over-year analysis

A-VARER AS: årsregnskap 2003 vs 2002

Shrank 9% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A-VARER AS. Revenue 1.57m NOK → 1.44m NOK (-8.6%). Equity 91.6k NOK → 195.3k NOK.

On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-VARER AS.

At a glance

Revenue

1.57m NOK 1.44m NOK

-8.6%

Operating result

-72.6k NOK +167.5k NOK

+330.8%

Equity

91.6k NOK 195.3k NOK

+113.1%

Total assets

1.03m NOK 1.00m NOK

-3.4%

↑
Operating result improved

Operating result -72.6k NOK → +167.5k NOK (op. margin -4.6% → 11.7%). Calculated
↑
Equity strengthened

Book equity 91.6k NOK → 195.3k NOK (equity ratio 8.9% → 19.5%). Calculated
↑
Payroll decreased

Salary cost 358.0k NOK → 334.7k NOK (23% → 23% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.57m NOK to 1.44m NOK (-8.6% YoY). Calculated