ABRAHAMSEN EIENDOM AS: årsregnskap 2003 vs 2002
Shrank 32% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ABRAHAMSEN EIENDOM AS. Revenue 6.47m NOK → 4.40m NOK (-32.0%). Equity 484.5k NOK → 252.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
6.47m NOK
4.40m NOK
-32.0%
Operating result
-17.5k NOK
-329.1k NOK
-1782.3%
Equity
484.5k NOK
252.0k NOK
-48.0%
Cash
930.2k NOK
705.8k NOK
-24.1%
Total assets
3.23m NOK
n/m
—
What improved
-
↑
Payroll decreased
Salary cost 3.31m NOK → 2.65m NOK (51% → 60% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.47m NOK to 4.40m NOK (-32.0% YoY). Calculated
-
↓
Operating result weakened
Operating result -17.5k NOK → -329.1k NOK (op. margin -0.3% → -7.5%). Calculated
-
↓
Equity eroded
Book equity 484.5k NOK → 252.0k NOK. Calculated
-
↓
Cash fell
Bank deposits 930.2k NOK → 705.8k NOK (-24.1% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 1.36m NOK → 2.89m NOK (+112.3% YoY). Calculated