ADD ARKITEKTER AS: årsregnskap 2003 vs 2002
Grew 11% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADD ARKITEKTER AS. Revenue 18.21m NOK → 20.23m NOK (+11.1%). Equity 1.54m NOK → 4.72m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADD ARKITEKTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.21m NOK to 20.23m NOK (+11.1% YoY). Calculated
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↑
Equity strengthened
Book equity 1.54m NOK → 4.72m NOK (equity ratio 19.1% → 65.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +803.1k NOK → -2 747 NOK (op. margin 4.4% → -0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.86m NOK → 13.51m NOK (71% → 67% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 35.9k NOK → 0 NOK. Reported fact