ADVICE MANAGEMENT CONSULTING AS: årsregnskap 2003 vs 2002
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVICE MANAGEMENT CONSULTING AS. Revenue 0 NOK → 1.26m NOK. Net result +156.4k NOK → +425.0k NOK. Equity 100.9k NOK → 415.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVICE MANAGEMENT CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.26m NOK. Calculated
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↑
Operating result improved
Operating result +85.2k NOK → +158.5k NOK. Calculated
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↑
Net result improved
Net result +156.4k NOK → +425.0k NOK. Calculated
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↑
Equity strengthened
Book equity 100.9k NOK → 415.9k NOK (equity ratio 12.6% → 362.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 685.8k NOK → 590.9k NOK (-13.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 422.9k NOK → 877.2k NOK. Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 46.9k NOK (None YoY). Calculated