ADAM & EVA FRISØR AS: årsregnskap 2003 vs 2002
Grew 6% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADAM & EVA FRISØR AS. Revenue 2.13m NOK → 2.26m NOK (+6.0%). Net result +17.4k NOK → +69.8k NOK. Equity 62.4k NOK → 111.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAM & EVA FRISØR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.13m NOK to 2.26m NOK (+6.0% YoY). Calculated
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Net result improved
Net result +17.4k NOK → +69.8k NOK (net margin 0.8% → 3.1%). Calculated
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Equity strengthened
Book equity 62.4k NOK → 111.2k NOK (equity ratio 13.8% → 17.9%). Calculated
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Owners injected capital
Paid-in equity rose 51.0k NOK → 102.0k NOK (+51.0k NOK). Reported fact
Things to notice
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Payroll increased
Salary cost -1.51m NOK → -1.49m NOK (-71% → -66% of revenue). Calculated
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COGS fell
COGS / varekostnad -398.2k NOK → -420.8k NOK (-5.7% YoY). Calculated