FirmaIQ
Org.nr 813 475 782 2002 → 2003 Year-over-year analysis

AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2003 vs 2002

Grew 35% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 28.79m NOK → 38.89m NOK (+35.1%). Net result +577.8k NOK → +3.33m NOK. Equity 4.51m NOK → 5.26m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.

At a glance

Scorecard

Revenue
28.79m NOK 38.89m NOK
+35.1%
Operating result
+2.15m NOK +4.40m NOK
+104.4%
Net result
+577.8k NOK +3.33m NOK
+476.5%
Equity
4.51m NOK 5.26m NOK
+16.7%
Total assets
13.69m NOK 14.85m NOK
+8.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 28.79m NOK to 38.89m NOK (+35.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.15m NOK → +4.40m NOK (op. margin 7.5% → 11.3%). Calculated

  • ↑

    Net result improved

    Net result +577.8k NOK → +3.33m NOK (net margin 2.0% → 8.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.51m NOK → 5.26m NOK (equity ratio 32.9% → 35.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost -8.35m NOK → -9.11m NOK (-29% → -23% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad -15.46m NOK → -22.14m NOK (-43.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.32m NOK → 208.6k NOK. Reported fact