AEX TRANSPORT AS: årsregnskap 2003 vs 2002
Grew 22% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AEX TRANSPORT AS. Revenue 5.27m NOK → 6.41m NOK (+21.6%). Net result +39.0k NOK → +111.5k NOK. Equity 261.0k NOK → 342.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AEX TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.27m NOK to 6.41m NOK (+21.6% YoY). Calculated
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Operating result improved
Operating result +120.7k NOK → +174.1k NOK (op. margin 2.3% → 2.7%). Calculated
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Net result improved
Net result +39.0k NOK → +111.5k NOK (net margin 0.7% → 1.7%). Calculated
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Equity strengthened
Book equity 261.0k NOK → 342.5k NOK (equity ratio 14.1% → 14.8%). Calculated
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Payroll decreased
Salary cost 1.48m NOK → 904.3k NOK (28% → 14% of revenue). Calculated
Things to notice
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COGS moved
COGS / varekostnad 65.7k NOK → 3.79m NOK (+5664.2% YoY). Calculated