ABILD AS: årsregnskap 2003 vs 2002
Grew 177% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABILD AS. Revenue 326.3k NOK → 902.9k NOK (+176.7%). Net result +16.4k NOK → +5 881 NOK. Equity 1.64m NOK → 1.65m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABILD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 326.3k NOK to 902.9k NOK (+176.7% YoY). Calculated
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↑
Equity strengthened
Book equity 1.64m NOK → 1.65m NOK (equity ratio 24.5% → 24.9%). Calculated
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↑
Payroll decreased
Salary cost 27.7k NOK → 0 NOK (8% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +387.0k NOK → +371.5k NOK (op. margin 118.6% → 41.1%). Calculated
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↓
Net result weakened
Net result +16.4k NOK → +5 881 NOK (net margin 5.0% → 0.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 605.0k NOK → 218.1k NOK (-63.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.30m NOK → 304.0k NOK. Reported fact