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Org.nr 954 634 388 2002 → 2003 Year-over-year analysis

ABA-TECH AS: årsregnskap 2003 vs 2002

Grew 70990% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABA-TECH AS. Revenue 12.8k NOK → 9.10m NOK (+70989.9%). Net result +1.03m NOK → +112.7k NOK. Equity 1.28m NOK → 1.09m NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
12.8k NOK 9.10m NOK
+70989.9%
Operating result
+1.26m NOK +109.1k NOK
-91.3%
Net result
+1.03m NOK +112.7k NOK
-89.1%
Equity
1.28m NOK 1.09m NOK
-14.7%
Total assets
5.44m NOK 5.40m NOK
-0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.8k NOK to 9.10m NOK (+70989.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.75×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.26m NOK → +109.1k NOK (op. margin 9838.1% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +1.03m NOK → +112.7k NOK (net margin 8082.6% → 1.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.28m NOK → 1.09m NOK (equity ratio 23.5% → 20.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.57m NOK → 3.17m NOK (-11.2% YoY). Calculated