FirmaIQ
Org.nr 977 499 054 2002 → 2003 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2003 vs 2002

Shrank 15% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AIRBUS DEFENCE AND SPACE AS. Revenue 156.87m NOK → 133.40m NOK (-15.0%). Net result +19.8k NOK → +4 767 NOK. Equity 11.21m NOK → 11.02m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
156.87m NOK 133.40m NOK
-15.0%
Operating result
+3.25m NOK +6.74m NOK
+107.4%
Net result
+19.8k NOK +4 767 NOK
-75.9%
Equity
11.21m NOK 11.02m NOK
-1.7%
Total assets
75.34m NOK 63.20m NOK
-16.1%

What improved

  • ↑

    Operating result improved

    Operating result +3.25m NOK → +6.74m NOK (op. margin 2.1% → 5.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 156.87m NOK to 133.40m NOK (-15.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +19.8k NOK → +4 767 NOK (net margin 0.0% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 11.21m NOK → 11.02m NOK (equity ratio 14.9% → 17.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 17.35m NOK → 19.91m NOK (11% → 15% of revenue). Calculated