AGNES COLE AS: årsregnskap 2003 vs 2002
Grew 319% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGNES COLE AS. Revenue 77.8k NOK → 325.4k NOK (+318.5%). Net result -1 169 NOK → +5 337 NOK. Equity 41.7k NOK → 97.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGNES COLE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 77.8k NOK to 325.4k NOK (+318.5% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 1 169 NOK to a profit of 5 337 NOK. Calculated
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↑
Equity strengthened
Book equity 41.7k NOK → 97.0k NOK (equity ratio 65.2% → 62.6%). Calculated
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Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -1 661 NOK → -2 947 NOK (op. margin -2.1% → -0.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 66.6k NOK → 290.4k NOK (86% → 89% of revenue). Calculated