Org.nr 857 533 232 2002 → 2003 Year-over-year analysis

AGROTEKNIKK HANDEL IMPORT NORGE AS: årsregnskap 2003 vs 2002

Mixed movements in the accounts

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AGROTEKNIKK HANDEL IMPORT NORGE AS. Revenue 6.79m NOK → 6.83m NOK (+0.6%). Equity 500.8k NOK → 312.4k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROTEKNIKK HANDEL IMPORT NORGE AS.

At a glance

Revenue

6.79m NOK 6.83m NOK

+0.6%

Operating result

+205.2k NOK +479.7k NOK

+133.7%

Equity

500.8k NOK 312.4k NOK

-37.6%

Cash

130.0k NOK 66.8k NOK

-48.6%

Total assets

3.12m NOK 2.71m NOK

-13.2%

↑
Revenue rose

Operating income / revenue moved from 6.79m NOK to 6.83m NOK (+0.6% YoY). Calculated
↑
Operating result improved

Operating result +205.2k NOK → +479.7k NOK (op. margin 3.0% → 7.0%). Calculated

↓
Equity eroded

Book equity 500.8k NOK → 312.4k NOK (equity ratio 16.0% → 11.5%). Calculated
↓
Cash fell

Bank deposits 130.0k NOK → 66.8k NOK (-48.6% YoY). Calculated