ABAS EIENDOM AS: årsregnskap 2003 vs 2002
Grew 10% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABAS EIENDOM AS. Revenue 691.8k NOK → 761.8k NOK (+10.1%). Net result +585.0k NOK → +1.44m NOK. Equity 3.65m NOK → 4.40m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 691.8k NOK to 761.8k NOK (+10.1% YoY). Calculated
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Operating result improved
Operating result +460.9k NOK → +529.9k NOK (op. margin 66.6% → 69.6%). Calculated
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Net result improved
Net result +585.0k NOK → +1.44m NOK (net margin 84.6% → 188.8%). Calculated
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Equity strengthened
Book equity 3.65m NOK → 4.40m NOK (equity ratio 60.3% → 69.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 603.8k NOK → 341.6k NOK (-43.4% YoY). Calculated