FirmaIQ
Org.nr 976 052 560 2002 → 2003 Year-over-year analysis

ABICON ELEKTRO AS: årsregnskap 2003 vs 2002

Grew 13% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABICON ELEKTRO AS. Revenue 31.23m NOK → 35.35m NOK (+13.2%). Net result +639.5k NOK → +602.8k NOK. Equity 2.43m NOK → 2.28m NOK.

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

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ABICON ELEKTRO AS.

At a glance

Scorecard

Revenue
31.23m NOK 35.35m NOK
+13.2%
Operating result
+1.07m NOK +1.00m NOK
-6.6%
Net result
+639.5k NOK +602.8k NOK
-5.7%
Equity
2.43m NOK 2.28m NOK
-6.1%
Total assets
8.40m NOK 9.14m NOK
+8.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.23m NOK to 35.35m NOK (+13.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.07m NOK → +1.00m NOK (op. margin 3.4% → 2.8%). Calculated

  • ↓

    Net result weakened

    Net result +639.5k NOK → +602.8k NOK (net margin 2.0% → 1.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.43m NOK → 2.28m NOK (equity ratio 29.0% → 25.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 108.0k NOK → 486 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 9.33m NOK → 11.99m NOK (+28.5% YoY). Calculated