AGS BATTERISERVICE AS: årsregnskap 2003 vs 2002
Shrank 6% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGS BATTERISERVICE AS. Revenue 7.39m NOK → 6.93m NOK (-6.3%). Net result +436.8k NOK → +907.5k NOK. Equity 445.2k NOK → 552.7k NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +436.8k NOK → +907.5k NOK (net margin 5.9% → 13.1%). Calculated
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↑
Equity strengthened
Book equity 445.2k NOK → 552.7k NOK (equity ratio 10.9% → 16.0%). Calculated
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↑
Cash rose
Bank deposits 1.59m NOK → 4.86m NOK (+206.4% YoY). 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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↓
Revenue fell
Operating income / revenue moved from 7.39m NOK to 6.93m NOK (-6.3% YoY). Calculated
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↓
Operating result weakened
Operating result +567.8k NOK → +57.2k NOK (op. margin 7.7% → 0.8%). Calculated