ADDIT AS: årsregnskap 2003 vs 2002
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADDIT AS. Revenue 2.88m NOK → 2.84m NOK (-1.2%). Equity 251.1k NOK → 256.0k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.88m NOK
2.84m NOK
-1.2%
Operating result
+1.75m NOK
+747.2k NOK
-57.3%
Equity
251.1k NOK
256.0k NOK
+2.0%
Total assets
2.34m NOK
2.34m NOK
+0.1%
What improved
-
↑
Equity strengthened
Book equity 251.1k NOK → 256.0k NOK (equity ratio 10.7% → 10.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.88m NOK to 2.84m NOK (-1.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.75m NOK → +747.2k NOK (op. margin 60.7% → 26.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 970.4k NOK → 988.6k NOK (34% → 35% of revenue). Calculated