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Org.nr 911 463 830 2002 → 2003 Year-over-year analysis

ABILITY FM AS: årsregnskap 2003 vs 2002

Grew 15% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABILITY FM AS. Revenue 15.69m NOK → 18.03m NOK (+14.9%). Equity 2.48m NOK → 1.88m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABILITY FM AS.

At a glance

Scorecard

Revenue
15.69m NOK 18.03m NOK
+14.9%
Operating result
+1.46m NOK +1.72m NOK
+18.0%
Equity
2.48m NOK 1.88m NOK
-24.2%
Total assets
5.59m NOK 10.58m NOK
+89.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.69m NOK to 18.03m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.46m NOK → +1.72m NOK (op. margin 9.3% → 9.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.48m NOK → 1.88m NOK (equity ratio 44.4% → 17.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.83m NOK → 12.32m NOK (69% → 68% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 222.1k NOK → 1.54m NOK (+594.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.02m NOK → 50.0k NOK. Reported fact