ADVICE REKLAMEBYRÅ AS: årsregnskap 2003 vs 2002
Grew 50% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for ADVICE REKLAMEBYRÅ AS. Revenue 1.32m NOK → 1.98m NOK (+49.6%). Net result +6 099 NOK → +5.11m NOK. Equity -236.9k NOK → 131.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.32m NOK to 1.98m NOK (+49.6% YoY). Calculated
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Operating result improved
Operating result +36.9k NOK → +119.3k NOK (op. margin 2.8% → 6.0%). Calculated
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Net result improved
Net result +6 099 NOK → +5.11m NOK (net margin 0.5% → 258.4%). Calculated
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Equity strengthened
Book equity -236.9k NOK → 131.4k NOK (equity ratio -166.3% → 110.8%). Calculated
Things to notice
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Payroll increased
Salary cost 354.1k NOK → 515.9k NOK (27% → 26% of revenue). Calculated
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COGS moved
COGS / varekostnad 442.7k NOK → 946.3k NOK (+113.8% YoY). Calculated