FirmaIQ
Org.nr 918 408 703 2002 → 2003 Year-over-year analysis

A2G GRUPPEN AS: årsregnskap 2003 vs 2002

Grew 6% on revenue, stronger earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A2G GRUPPEN AS. Revenue 81.00m NOK → 85.70m NOK (+5.8%). Net result +3.14m NOK → +4.31m NOK. Equity 39.29m NOK → 43.60m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for A2G GRUPPEN AS.

At a glance

Scorecard

Revenue
81.00m NOK 85.70m NOK
+5.8%
Operating result
+2.86m NOK +4.00m NOK
+40.0%
Net result
+3.14m NOK +4.31m NOK
+37.2%
Equity
39.29m NOK 43.60m NOK
+11.0%
Cash
13.55m NOK -18.16m NOK
-234.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.00m NOK to 85.70m NOK (+5.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.86m NOK → +4.00m NOK (op. margin 3.5% → 4.7%). Calculated

  • ↑

    Net result improved

    Net result +3.14m NOK → +4.31m NOK (net margin 3.9% → 5.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 39.29m NOK → 43.60m NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 13.55m NOK → -18.16m NOK (-234.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (13.55m NOK → -18.16m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 42.55m NOK → 46.64m NOK (53% → 54% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 22.5k NOK → 0 NOK. Reported fact