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Org.nr 984 438 826 2002 → 2003 Year-over-year analysis

AGRIKJØP AS: årsregnskap 2003 vs 2002

Shrank 63% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AGRIKJØP AS. Revenue 47.52m NOK → 17.35m NOK (-63.5%). Net result +1.40m NOK → +2.44m NOK. Equity 3.20m NOK → 4.44m NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRIKJØP AS.

At a glance

Scorecard

Revenue
47.52m NOK 17.35m NOK
-63.5%
Operating result
+41.06m NOK +2.60m NOK
-93.7%
Net result
+1.40m NOK +2.44m NOK
+75.0%
Equity
3.20m NOK 4.44m NOK
+38.9%
Total assets
23.04m NOK 20.99m NOK
-8.9%

What improved

  • ↑

    Net result improved

    Net result +1.40m NOK → +2.44m NOK (net margin 2.9% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.20m NOK → 4.44m NOK (equity ratio 13.9% → 21.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.11m NOK → 4.69m NOK (11% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 47.52m NOK to 17.35m NOK (-63.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +41.06m NOK → +2.60m NOK (op. margin 86.4% → 15.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.35m NOK → 7.15m NOK (-14.4% YoY). Calculated