FirmaIQ
Org.nr 962 238 742 2002 → 2003 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2003 vs 2002

Shrank 26% on revenue, weaker earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABL GROUP NORWAY AS. Revenue 8.32m NOK → 6.16m NOK (-25.9%). Net result +1.56m NOK → +872.5k NOK. Equity 2.75m NOK → 2.99m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
8.32m NOK 6.16m NOK
-25.9%
Operating result
+2.08m NOK +1.16m NOK
-44.4%
Net result
+1.56m NOK +872.5k NOK
-44.2%
Equity
2.75m NOK 2.99m NOK
+9.0%
Cash
2.95m NOK 2.28m NOK
-22.6%
Total assets
6.28m NOK 5.43m NOK
-13.5%

What improved

  • ↑

    Equity strengthened

    Book equity 2.75m NOK → 2.99m NOK (equity ratio 43.8% → 55.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 425.9k NOK → 538.2k NOK (+112.3k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.32m NOK to 6.16m NOK (-25.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.08m NOK → +1.16m NOK (op. margin 25.0% → 18.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.56m NOK → +872.5k NOK (net margin 18.8% → 14.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.95m NOK → 2.28m NOK (-22.6% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 139.1k NOK → 387.3k NOK (+178.4% YoY). Calculated