FirmaIQ
Org.nr 918 227 865 2002 → 2003 Year-over-year analysis

ABC STORMARKED AS: årsregnskap 2003 vs 2002

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABC STORMARKED AS. Revenue 15.86m NOK → 15.33m NOK (-3.4%). Net result +1.29m NOK → +31 NOK. Equity 4.31m NOK → 4.64m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC STORMARKED AS.

At a glance

Scorecard

Revenue
15.86m NOK 15.33m NOK
-3.4%
Operating result
+3.42m NOK +3.92m NOK
+14.4%
Net result
+1.29m NOK +31 NOK
-100.0%
Equity
4.31m NOK 4.64m NOK
+7.4%
Total assets
31.12m NOK 35.78m NOK
+15.0%

What improved

  • ↑

    Operating result improved

    Operating result +3.42m NOK → +3.92m NOK (op. margin 21.6% → 25.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.31m NOK → 4.64m NOK (equity ratio 13.9% → 13.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.44m NOK → 2.28m NOK (15% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.86m NOK to 15.33m NOK (-3.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.29m NOK → +31 NOK (net margin 8.1% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.34m NOK → 7.01m NOK (-4.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 500 NOK → 5.21m NOK. Reported fact