ADECCO NORGE AS: årsregnskap 2003 vs 2002
Fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADECCO NORGE AS. Revenue 961.5k NOK → 991.7k NOK (+3.1%). Equity 122.9k NOK → 254.4k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADECCO NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 961.5k NOK to 991.7k NOK (+3.1% YoY). Calculated
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↑
Operating result improved
Operating result -15.4k NOK → +4 517 NOK (op. margin -1.6% → 0.5%). Calculated
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↑
Equity strengthened
Book equity 122.9k NOK → 254.4k NOK (equity ratio 27.7% → 41.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.84× → 1.25×. Calculated
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↑
Owners injected capital
Paid-in equity rose 56.5k NOK → 186.3k NOK (+129.8k NOK). Reported fact
Things to notice
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·
Payroll increased
Salary cost 880.1k NOK → 891.4k NOK (92% → 90% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 11.5k NOK → 11 NOK. Reported fact