FirmaIQ
Org.nr 981 566 459 2002 → 2003 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2003 vs 2002

Grew 40% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABE STAR PARKETT AS. Revenue 1.82m NOK → 2.55m NOK (+40.1%). Net result +311.7k NOK → +541.0k NOK. Equity 204.7k NOK → 133.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.

At a glance

Scorecard

Revenue
1.82m NOK 2.55m NOK
+40.1%
Operating result
+457.2k NOK +722.1k NOK
+57.9%
Net result
+311.7k NOK +541.0k NOK
+73.5%
Equity
204.7k NOK 133.7k NOK
-34.7%
Total assets
11.7k NOK 1 332 NOK
-88.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.82m NOK to 2.55m NOK (+40.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +457.2k NOK → +722.1k NOK (op. margin 25.2% → 28.4%). Calculated

  • ↑

    Net result improved

    Net result +311.7k NOK → +541.0k NOK (net margin 17.2% → 21.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 204.7k NOK → 133.7k NOK (equity ratio 1752.7% → 10038.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 657.4k NOK → 1.03m NOK (36% → 41% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 189.3k NOK → 239.7k NOK (+26.6% YoY). Calculated