ADITECH AS: årsregnskap 2003 vs 2002
Returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADITECH AS. Revenue 4.12m NOK → 4.24m NOK (+2.9%). Net result -58.3k NOK → +13.9k NOK. Equity 67.3k NOK → 81.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADITECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.12m NOK to 4.24m NOK (+2.9% YoY). Calculated
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↑
Operating result improved
Operating result -36.1k NOK → +56.2k NOK (op. margin -0.9% → 1.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 58.3k NOK to a profit of 13.9k NOK. Calculated
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↑
Equity strengthened
Book equity 67.3k NOK → 81.2k NOK (equity ratio 8.1% → 10.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 899.3k NOK → 1.07m NOK (22% → 25% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.48m NOK → 2.40m NOK (-3.1% YoY). Calculated