FirmaIQ
Org.nr 946 827 185 2002 → 2003 Year-over-year analysis

AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS: årsregnskap 2003 vs 2002

Shrank 16% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS. Revenue 11.34m NOK → 9.51m NOK (-16.2%). Equity 2.75m NOK → 2.81m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS.

At a glance

Scorecard

Revenue
11.34m NOK 9.51m NOK
-16.2%
Operating result
+255.6k NOK +233.9k NOK
-8.5%
Equity
2.75m NOK 2.81m NOK
+2.3%
Total assets
5.74m NOK 5.50m NOK
-4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.75m NOK → 2.81m NOK (equity ratio 47.9% → 51.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.34m NOK to 9.51m NOK (-16.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +255.6k NOK → +233.9k NOK (op. margin 2.3% → 2.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.28m NOK → 3.10m NOK (20% → 33% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.20m NOK → 4.74m NOK (-34.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 45.8k NOK → 41.2k NOK. Reported fact