AJOUR GRAFISK AS: årsregnskap 2003 vs 2002
Grew 12% on revenue, stronger earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AJOUR GRAFISK AS. Revenue 7.86m NOK → 8.82m NOK (+12.3%). Net result +219.6k NOK → +563.2k NOK. Equity 263.8k NOK → 327.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJOUR GRAFISK AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.86m NOK to 8.82m NOK (+12.3% YoY). Calculated
-
↑
Operating result improved
Operating result +400.3k NOK → +819.0k NOK (op. margin 5.1% → 9.3%). Calculated
-
↑
Net result improved
Net result +219.6k NOK → +563.2k NOK (net margin 2.8% → 6.4%). Calculated
-
↑
Equity strengthened
Book equity 263.8k NOK → 327.0k NOK (equity ratio 11.1% → 14.4%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 328.5k NOK → 310.5k NOK (-5.5% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 376.6k NOK → 390.2k NOK. Reported fact