ABA MARINE AS: årsregnskap 2003 vs 2002
Shrank 96% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABA MARINE AS. Revenue 846.4k NOK → 32.2k NOK (-96.2%). Net result +15.7k NOK → +60.1k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABA MARINE AS.
At a glance
Scorecard
Revenue
846.4k NOK
32.2k NOK
-96.2%
Operating result
+19.3k NOK
n/m
—
Net result
+15.7k NOK
+60.1k NOK
+282.1%
Equity
-10.1k NOK
n/m
—
Total assets
249.8k NOK
n/m
—
What improved
-
↑
Net result improved
Net result +15.7k NOK → +60.1k NOK (net margin 1.9% → 186.5%). Calculated
-
↑
Payroll decreased
Salary cost 550.8k NOK → 530.9k NOK (65% → 1649% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 846.4k NOK to 32.2k NOK (-96.2% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 5 116 NOK → 56.8k NOK. Reported fact