ABACUS ØKONOMITJENESTER AS: årsregnskap 2003 vs 2002
Grew 65% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABACUS ØKONOMITJENESTER AS. Revenue 1.31m NOK → 2.15m NOK (+64.7%). Net result +23.1k NOK → +101.2k NOK. Equity 148.1k NOK → 180.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABACUS ØKONOMITJENESTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.31m NOK to 2.15m NOK (+64.7% YoY). Calculated
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Operating result improved
Operating result +31.6k NOK → +138.5k NOK (op. margin 2.4% → 6.4%). Calculated
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Net result improved
Net result +23.1k NOK → +101.2k NOK (net margin 1.8% → 4.7%). Calculated
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Equity strengthened
Book equity 148.1k NOK → 180.3k NOK (equity ratio 31.4% → 30.3%). Calculated
Things to notice
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Payroll increased
Salary cost 838.7k NOK → 1.45m NOK (64% → 67% of revenue). Calculated
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COGS fell
COGS / varekostnad 113.2k NOK → 66.2k NOK (-41.5% YoY). Calculated