FirmaIQ
Org.nr 979 323 794 2002 → 2003 Year-over-year analysis

ADVANCE BUSINESS PARTNER AS: årsregnskap 2003 vs 2002

Stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for ADVANCE BUSINESS PARTNER AS. Revenue 4.59m NOK → 4.39m NOK (-4.2%). Net result +600 NOK → +322.1k NOK. Equity 297.8k NOK → 304.9k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.59m NOK 4.39m NOK
-4.2%
Operating result
+785.7k NOK +299.7k NOK
-61.8%
Net result
+600 NOK +322.1k NOK
+53590.7%
Equity
297.8k NOK 304.9k NOK
+2.4%
Total assets
540.9k NOK 1.89m NOK
+249.8%

What improved

  • ↑

    Net result improved

    Net result +600 NOK → +322.1k NOK (net margin 0.0% → 7.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 297.8k NOK → 304.9k NOK (equity ratio 55.0% → 16.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.59m NOK to 4.39m NOK (-4.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +785.7k NOK → +299.7k NOK (op. margin 17.1% → 6.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 392.1k NOK → 999.7k NOK (9% → 23% of revenue). Calculated