Org.nr 961 802 008 2002 → 2003 Year-over-year analysis

ABBEDISSEN BEGRAVELSESBYRÅ AS: årsregnskap 2003 vs 2002

Shrank 8% on revenue, fresh owner capital

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABBEDISSEN BEGRAVELSESBYRÅ AS. Revenue 5.10m NOK → 4.68m NOK (-8.2%). Equity 228.3k NOK → 200.0k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABBEDISSEN BEGRAVELSESBYRÅ AS.

At a glance

Revenue

5.10m NOK 4.68m NOK

-8.2%

Operating result

+830.3k NOK +331.8k NOK

-60.0%

Equity

228.3k NOK 200.0k NOK

-12.4%

Total assets

1.91m NOK 1.29m NOK

-32.3%

↑
Owners injected capital

Paid-in equity rose 200 NOK → 200.0k NOK (+199.8k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 5.10m NOK to 4.68m NOK (-8.2% YoY). Calculated
↓
Operating result weakened

Operating result +830.3k NOK → +331.8k NOK (op. margin 16.3% → 7.1%). Calculated
↓
Equity eroded

Book equity 228.3k NOK → 200.0k NOK (equity ratio 12.0% → 15.5%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.09× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 1.68m NOK → 1.88m NOK (33% → 40% of revenue). Calculated