Org.nr 945 883 472 2002 → 2003 Year-over-year analysis

ABC STUDIO AS: årsregnskap 2003 vs 2002

Grew 76% on revenue, returned to profit

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2003 with 2002 for ABC STUDIO AS. Revenue 111.3k NOK → 195.5k NOK (+75.6%). Net result -10.4k NOK → +31.2k NOK. Equity 21.3k NOK → 52.6k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
111.3k NOK 195.5k NOK
+75.6%
Operating result
+8 294 NOK +46.1k NOK
+456.0%
Net result
-10.4k NOK +31.2k NOK
+400.4%
Equity
21.3k NOK 52.6k NOK
+146.5%
Cash
1 068 NOK 19.9k NOK
+1762.1%
Total assets
170.6k NOK 237.8k NOK
+39.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 111.3k NOK to 195.5k NOK (+75.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 294 NOK → +46.1k NOK (op. margin 7.5% → 23.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.4k NOK to a profit of 31.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 21.3k NOK → 52.6k NOK (equity ratio 12.5% → 22.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 068 NOK → 19.9k NOK (+1762.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 100.9k NOK → 42.6k NOK (-57.8% YoY). Calculated