Org.nr 848 629 642 2002 → 2003 Year-over-year analysis

ABSOR AS: årsregnskap 2003 vs 2002

Grew 304% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ABSOR AS. Revenue 339.1k NOK → 1.37m NOK (+304.3%). Equity -42.9k NOK → 106.2k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSOR AS.

At a glance

Revenue

339.1k NOK 1.37m NOK

+304.3%

Operating result

-124.4k NOK +186.2k NOK

+249.6%

Equity

-42.9k NOK 106.2k NOK

+347.5%

Cash

730 NOK 9 844 NOK

+1248.5%

Total assets

579.6k NOK 234.4k NOK

-59.5%

↑
Revenue rose

Operating income / revenue moved from 339.1k NOK to 1.37m NOK (+304.3% YoY). Calculated
↑
Operating result improved

Operating result -124.4k NOK → +186.2k NOK (op. margin -36.7% → 13.6%). Calculated
↑
Equity strengthened

Book equity -42.9k NOK → 106.2k NOK (equity ratio -7.4% → 45.3%). Calculated
↑
Cash rose

Bank deposits 730 NOK → 9 844 NOK (+1248.5% YoY). Calculated

·
Payroll increased

Salary cost 9 770 NOK → 3.26m NOK (3% → 238% of revenue). Calculated
·
COGS moved

COGS / varekostnad 152.6k NOK → 409.4k NOK (+168.3% YoY). Calculated