ADDBRAND NORWAY AS: årsregnskap 2003 vs 2002
Shrank 6% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADDBRAND NORWAY AS. Revenue 139.10m NOK → 130.49m NOK (-6.2%). Equity 34.03m NOK → 37.47m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.
At a glance
Scorecard
Revenue
139.10m NOK
130.49m NOK
-6.2%
Operating result
n/m
+6.75m NOK
—
Equity
34.03m NOK
37.47m NOK
+10.1%
Cash
n/m
17 NOK
—
Total assets
68.38m NOK
64.86m NOK
-5.1%
What improved
-
↑
Equity strengthened
Book equity 34.03m NOK → 37.47m NOK (equity ratio 49.8% → 57.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 139.10m NOK to 130.49m NOK (-6.2% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 68.39m NOK → 60.37m NOK (-11.7% YoY). Calculated