Org.nr 933 618 099 2002 → 2003 Year-over-year analysis

ABC-MASKIN AS: årsregnskap 2003 vs 2002

Shrank 10% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABC-MASKIN AS. Revenue 7.23m NOK → 6.52m NOK (-9.8%). Equity 2.02m NOK → 1.62m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC-MASKIN AS.

At a glance

Revenue

7.23m NOK 6.52m NOK

-9.8%

Operating result

-52.2k NOK -49.6k NOK

+5.0%

Equity

2.02m NOK 1.62m NOK

-19.7%

Total assets

5.20m NOK 4.99m NOK

-4.0%

↑
Operating result improved

Operating result -52.2k NOK → -49.6k NOK (op. margin -0.7% → -0.8%). Calculated
↑
Payroll decreased

Salary cost 1.42m NOK → 1.34m NOK (20% → 21% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.23m NOK to 6.52m NOK (-9.8% YoY). Calculated
↓
Equity eroded

Book equity 2.02m NOK → 1.62m NOK (equity ratio 38.9% → 32.5%). Calculated