FirmaIQ
Org.nr 980 656 713 2002 → 2003 Year-over-year analysis

ABACOT AS: årsregnskap 2003 vs 2002

Grew 72% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABACOT AS. Revenue 417.8k NOK → 718.2k NOK (+71.9%). Net result +46.6k NOK → +24.1k NOK. Equity 412.2k NOK → 113.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABACOT AS.

At a glance

Scorecard

Revenue
417.8k NOK 718.2k NOK
+71.9%
Operating result
+95.5k NOK +72.5k NOK
-24.1%
Net result
+46.6k NOK +24.1k NOK
-48.3%
Equity
412.2k NOK 113.3k NOK
-72.5%
Total assets
290.0k NOK 262.3k NOK
-9.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 417.8k NOK to 718.2k NOK (+71.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +95.5k NOK → +72.5k NOK (op. margin 22.9% → 10.1%). Calculated

  • ↓

    Net result weakened

    Net result +46.6k NOK → +24.1k NOK (net margin 11.1% → 3.4%). Calculated

  • ↓

    Equity eroded

    Book equity 412.2k NOK → 113.3k NOK (equity ratio 142.2% → 43.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 61.8k NOK → 4.36m NOK (15% → 606% of revenue). Calculated