ADAM OG EVA SKOLEN AS: årsregnskap 2003 vs 2002
Grew 10% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADAM OG EVA SKOLEN AS. Revenue 3.94m NOK → 4.32m NOK (+9.6%). Equity 493.2k NOK → 380.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAM OG EVA SKOLEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.94m NOK to 4.32m NOK (+9.6% YoY). Calculated
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↑
Operating result improved
Operating result +80.4k NOK → +144.6k NOK (op. margin 2.0% → 3.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 493.2k NOK → 380.8k NOK (equity ratio 15.5% → 10.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.66m NOK → 2.01m NOK (42% → 47% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 259.7k NOK → 342.9k NOK (+32.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.23m NOK → 1.22m NOK. Reported fact