Org.nr 933 541 835 2002 → 2003 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2003 vs 2002

Grew 9% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AJ PRODUKTER AS. Revenue 45.62m NOK → 49.81m NOK (+9.2%). Equity 6.94m NOK → 4.39m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ PRODUKTER AS.

At a glance

Revenue

45.62m NOK 49.81m NOK

+9.2%

Operating result

-487.8k NOK +742.1k NOK

+252.1%

Equity

6.94m NOK 4.39m NOK

-36.7%

Cash

5.05m NOK 5.17m NOK

+2.4%

Total assets

9.82m NOK 16.80m NOK

+71.1%

↑
Revenue rose

Operating income / revenue moved from 45.62m NOK to 49.81m NOK (+9.2% YoY). Calculated
↑
Operating result improved

Operating result -487.8k NOK → +742.1k NOK (op. margin -1.1% → 1.5%). Calculated
↑
Cash rose

Bank deposits 5.05m NOK → 5.17m NOK (+2.4% YoY). Calculated

↓
Equity eroded

Book equity 6.94m NOK → 4.39m NOK (equity ratio 70.6% → 26.1%). Calculated

·
Payroll increased

Salary cost 2.03m NOK → 2.15m NOK (4% → 4% of revenue). Calculated
·
COGS moved

COGS / varekostnad 40.30m NOK → 42.53m NOK (+5.5% YoY). Calculated