ABO BYGG AS: årsregnskap 2003 vs 2002
Shrank 42% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABO BYGG AS. Revenue 2.58m NOK → 1.49m NOK (-42.0%). Net result +96.3k NOK → +16.0k NOK. Equity 221.8k NOK → 255.8k NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 221.8k NOK → 255.8k NOK (equity ratio 10.1% → 10.4%). Calculated
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
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↑
Payroll decreased
Salary cost 375.1k NOK → 57.0k NOK (15% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.58m NOK to 1.49m NOK (-42.0% YoY). Calculated
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↓
Operating result weakened
Operating result +157.3k NOK → +112.7k NOK (op. margin 6.1% → 7.5%). Calculated
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↓
Net result weakened
Net result +96.3k NOK → +16.0k NOK (net margin 3.7% → 1.1%). Calculated
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↓
COGS moved
COGS / varekostnad 221.9k NOK → 373.4k NOK (+68.2% YoY). Calculated