ABA ELEKTRO AS: årsregnskap 2003 vs 2002
Weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABA ELEKTRO AS. Revenue 9.02m NOK → 8.93m NOK (-1.0%). Net result +406.0k NOK → +91.9k NOK. Equity 793 NOK → 1 941 NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABA ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 793 NOK → 1 941 NOK (equity ratio 0.0% → 0.1%). Calculated
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↑
Cash rose
Bank deposits 74.8k NOK → 7.12m NOK (+9412.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.02m NOK to 8.93m NOK (-1.0% YoY). Calculated
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↓
Operating result weakened
Operating result +847.8k NOK → +334.0k NOK (op. margin 9.4% → 3.7%). Calculated
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↓
Net result weakened
Net result +406.0k NOK → +91.9k NOK (net margin 4.5% → 1.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.40m NOK → 4.18m NOK (-5.1% YoY). Calculated