ABENA NORGE AS: årsregnskap 2003 vs 2002
Grew 39% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABENA NORGE AS. Revenue 25.89m NOK → 36.07m NOK (+39.3%). Net result -968.7k NOK → -120.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABENA NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.89m NOK to 36.07m NOK (+39.3% YoY). Calculated
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↑
Operating result improved
Operating result -959.1k NOK → +143.6k NOK (op. margin -3.7% → 0.4%). Calculated
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Net result improved
Net result -968.7k NOK → -120.5k NOK (net margin -3.7% → -0.3%). Calculated
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Cash rose
Bank deposits 1.47m NOK → 1.88m NOK (+27.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.82m NOK → 3.98m NOK (11% → 11% of revenue). Calculated
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COGS moved
COGS / varekostnad 20.46m NOK → 27.39m NOK (+33.9% YoY). Calculated