AGRO AS: årsregnskap 2003 vs 2002
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGRO AS. Revenue 22.77m NOK → 23.52m NOK (+3.3%). Net result +341.6k NOK → +483.6k 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 AGRO AS.
At a glance
Scorecard
Revenue
22.77m NOK
23.52m NOK
+3.3%
Operating result
+576.6k NOK
+722.1k NOK
+25.2%
Net result
+341.6k NOK
+483.6k NOK
+41.6%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 22.77m NOK to 23.52m NOK (+3.3% YoY). Calculated
-
↑
Operating result improved
Operating result +576.6k NOK → +722.1k NOK (op. margin 2.5% → 3.1%). Calculated
-
↑
Net result improved
Net result +341.6k NOK → +483.6k NOK (net margin 1.5% → 2.1%). Calculated
-
↑
Payroll decreased
Salary cost 3.24m NOK → 3.17m NOK (14% → 13% of revenue). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 17.14m NOK → 17.77m NOK (+3.6% YoY). Calculated