ADIUVO AS: årsregnskap 2003 vs 2002
Grew 232% on revenue, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADIUVO AS. Revenue 576.3k NOK → 1.91m NOK (+231.9%). Equity 121.3k NOK → 168.9k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADIUVO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 576.3k NOK to 1.91m NOK (+231.9% YoY). Calculated
-
↑
Equity strengthened
Book equity 121.3k NOK → 168.9k NOK (equity ratio 287.2% → 14.8%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result +535.9k NOK → +498.4k NOK (op. margin 93.0% → 26.1%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 715.7k NOK → 951.4k NOK (124% → 50% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 16.9k NOK → 28.3k NOK (+67.5% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 12.5k NOK. Reported fact