FirmaIQ
Org.nr 964 042 721 2002 → 2003 Year-over-year analysis

ABEL EIENDOMSFORVALTNING AS: årsregnskap 2003 vs 2002

Grew 26% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABEL EIENDOMSFORVALTNING AS. Revenue 2.51m NOK → 3.16m NOK (+26.0%). Net result +779.3k NOK → +234.6k NOK. Equity 450.6k NOK → 585.1k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABEL EIENDOMSFORVALTNING AS.

At a glance

Scorecard

Revenue
2.51m NOK 3.16m NOK
+26.0%
Operating result
+1.03m NOK +1.69m NOK
+64.2%
Net result
+779.3k NOK +234.6k NOK
-69.9%
Equity
450.6k NOK 585.1k NOK
+29.9%
Total assets
4.42m NOK 5.20m NOK
+17.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.51m NOK to 3.16m NOK (+26.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.03m NOK → +1.69m NOK (op. margin 41.1% → 53.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 450.6k NOK → 585.1k NOK (equity ratio 10.2% → 11.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +779.3k NOK → +234.6k NOK (net margin 31.1% → 7.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.41m NOK → 4.50m NOK (176% → 142% of revenue). Calculated