ADAM OG EVA GRUPPEN AS: årsregnskap 2003 vs 2002
Grew 22% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADAM OG EVA GRUPPEN AS. Revenue 10.43m NOK → 12.77m NOK (+22.4%). Equity 3.72m NOK → 1.22m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.43m NOK to 12.77m NOK (+22.4% YoY). Calculated
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↑
Operating result improved
Operating result +2.14m NOK → +2.57m NOK (op. margin 20.5% → 20.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.72m NOK → 1.22m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.96m NOK → 5.58m NOK (48% → 44% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.67m NOK → 2.28m NOK (+36.2% YoY). Calculated