A2G VIDERE AS: årsregnskap 2003 vs 2002
Grew 39% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A2G VIDERE AS. Revenue 6.53m NOK → 9.07m NOK (+38.9%). Net result +211.7k NOK → +606.3k NOK. Equity 308.3k NOK → 484.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A2G VIDERE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.53m NOK to 9.07m NOK (+38.9% YoY). Calculated
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Operating result improved
Operating result +325.9k NOK → +908.7k NOK (op. margin 5.0% → 10.0%). Calculated
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Net result improved
Net result +211.7k NOK → +606.3k NOK (net margin 3.2% → 6.7%). Calculated
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Equity strengthened
Book equity 308.3k NOK → 484.6k NOK (equity ratio 10.0% → 10.7%). Calculated
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Current ratio back above 1×
Current ratio 0.88× → 1.76×. Calculated
Things to notice
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Payroll increased
Salary cost 2.29m NOK → 3.08m NOK (35% → 34% of revenue). Calculated
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COGS moved
COGS / varekostnad 2.08m NOK → 3.69m NOK (+77.7% YoY). Calculated