FirmaIQ
Org.nr 959 651 094 2002 → 2003 Year-over-year analysis

ABK-QVILLER AS: årsregnskap 2003 vs 2002

Grew 131% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABK-QVILLER AS. Revenue 19.67m NOK → 45.51m NOK (+131.4%). Net result +2 304 NOK → +1.44m NOK. Equity 171.1k NOK → 2.61m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK-QVILLER AS.

At a glance

Scorecard

Revenue
19.67m NOK 45.51m NOK
+131.4%
Operating result
+619.4k NOK +2.59m NOK
+318.6%
Net result
+2 304 NOK +1.44m NOK
+62562.0%
Equity
171.1k NOK 2.61m NOK
+1428.4%
Cash
1.55m NOK n/m
—
Total assets
11.69m NOK 27.61m NOK
+136.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 19.67m NOK to 45.51m NOK (+131.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +619.4k NOK → +2.59m NOK (op. margin 3.1% → 5.7%). Calculated

  • ↑

    Net result improved

    Net result +2 304 NOK → +1.44m NOK (net margin 0.0% → 3.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 171.1k NOK → 2.61m NOK (equity ratio 1.5% → 9.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad -9.77m NOK → -28.44m NOK (-191.2% YoY). Calculated