Org.nr 983 335 543 2002 → 2003 Year-over-year analysis

ABAKUS AS: årsregnskap 2003 vs 2002

Grew 56% on revenue, stronger earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ABAKUS AS. Revenue 338.7k NOK → 526.9k NOK (+55.6%). Net result +90.4k NOK → +157.2k NOK. Equity 115.5k NOK → 100.7k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
338.7k NOK 526.9k NOK
+55.6%
Operating result
+131.2k NOK +246.3k NOK
+87.7%
Net result
+90.4k NOK +157.2k NOK
+73.9%
Equity
115.5k NOK 100.7k NOK
-12.8%
Total assets
540.9k NOK 657.0k NOK
+21.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 338.7k NOK to 526.9k NOK (+55.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +131.2k NOK → +246.3k NOK (op. margin 38.7% → 46.7%). Calculated

  • ↑

    Net result improved

    Net result +90.4k NOK → +157.2k NOK (net margin 26.7% → 29.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 10.72m NOK → 10 NOK (3165% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 115.5k NOK → 100.7k NOK (equity ratio 21.3% → 15.3%). Calculated