FirmaIQ
Org.nr 979 844 298 2002 → 2003 Year-over-year analysis

AD LAGUN AS: årsregnskap 2003 vs 2002

Shrank 11% on revenue, stronger earnings, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AD LAGUN AS. Revenue 2.17m NOK → 1.94m NOK (-10.8%). Net result +530.2k NOK → +770.6k NOK. Equity 6.90m NOK → 1.52m NOK.

On the constructive side: net result improved; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.17m NOK 1.94m NOK
-10.8%
Operating result
+909.5k NOK +123.7k NOK
-86.4%
Net result
+530.2k NOK +770.6k NOK
+45.3%
Equity
6.90m NOK 1.52m NOK
-78.0%
Total assets
4.05m NOK 3.98m NOK
-1.7%

What improved

  • ↑

    Net result improved

    Net result +530.2k NOK → +770.6k NOK (net margin 24.4% → 39.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 50.0k NOK → 500.0k NOK (+450.0k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 575.0k NOK → 408.9k NOK (26% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.17m NOK to 1.94m NOK (-10.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +909.5k NOK → +123.7k NOK (op. margin 41.8% → 6.4%). Calculated

  • ↓

    Equity eroded

    Book equity 6.90m NOK → 1.52m NOK (equity ratio 170.4% → 38.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.02× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated