ABC STUDIO AS: årsregnskap 2003 vs 2002
Grew 76% on revenue, returned to profit
Summary
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.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 111.3k NOK to 195.5k NOK (+75.6% YoY). Calculated
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Operating result improved
Operating result +8 294 NOK → +46.1k NOK (op. margin 7.5% → 23.6%). Calculated
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Turned profitable
Net result flipped from a loss of 10.4k NOK to a profit of 31.2k NOK. Calculated
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Equity strengthened
Book equity 21.3k NOK → 52.6k NOK (equity ratio 12.5% → 22.1%). Calculated
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Cash rose
Bank deposits 1 068 NOK → 19.9k NOK (+1762.1% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 100.9k NOK → 42.6k NOK (-57.8% YoY). Calculated