AGENTURHUSET UTLEIE AS: årsregnskap 2003 vs 2002
Grew 20% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGENTURHUSET UTLEIE AS. Revenue 3.07m NOK → 3.68m NOK (+20.0%). Net result +331.5k NOK → +438.6k NOK. Equity 1.00m NOK → 972.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGENTURHUSET UTLEIE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.07m NOK to 3.68m NOK (+20.0% YoY). Calculated
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Operating result improved
Operating result +687.8k NOK → +865.3k NOK (op. margin 22.4% → 23.5%). Calculated
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Net result improved
Net result +331.5k NOK → +438.6k NOK (net margin 10.8% → 11.9%). Calculated
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Cash rose
Bank deposits 1.08m NOK → 1.26m NOK (+16.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.00m NOK → 972.5k NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 521.8k NOK → 569.4k NOK (+9.1% YoY). Calculated