ABJOH HOLDING AS: årsregnskap 2003 vs 2002
Grew 26% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABJOH HOLDING AS. Revenue 636.0k NOK → 801.9k NOK (+26.1%). Net result +14.0k NOK → +3 513 NOK. Equity 126.0k NOK → 122.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
636.0k NOK
801.9k NOK
+26.1%
Operating result
+5 170 NOK
+5 371 NOK
+3.9%
Net result
+14.0k NOK
+3 513 NOK
-74.9%
Equity
126.0k NOK
122.5k NOK
-2.8%
Cash
n/m
419.9k NOK
—
Total assets
453.7k NOK
487.2k NOK
+7.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 636.0k NOK to 801.9k NOK (+26.1% YoY). Calculated
-
↑
Operating result improved
Operating result +5 170 NOK → +5 371 NOK (op. margin 0.8% → 0.7%). Calculated
What deteriorated
-
↓
Net result weakened
Net result +14.0k NOK → +3 513 NOK (net margin 2.2% → 0.4%). Calculated
-
↓
Equity eroded
Book equity 126.0k NOK → 122.5k NOK (equity ratio 27.8% → 25.1%). Calculated