AKER RØRLEGGERBEDRIFT AS: årsregnskap 2003 vs 2002
Shrank 24% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKER RØRLEGGERBEDRIFT AS. Revenue 2.78m NOK → 2.11m NOK (-24.2%). Net result +322.3k NOK → +107.9k NOK. Equity 116.6k NOK → 116.4k NOK.
On the constructive side: current ratio back above 1×; owners injected capital; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio 0.99× → 1.08×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 690.9k NOK → 586.6k NOK (25% → 28% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.78m NOK to 2.11m NOK (-24.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +447.0k NOK → +144.3k NOK (op. margin 16.1% → 6.8%). Calculated
-
↓
Net result weakened
Net result +322.3k NOK → +107.9k NOK (net margin 11.6% → 5.1%). Calculated
-
↓
COGS moved
COGS / varekostnad 211.4k NOK → 947.6k NOK (+348.2% YoY). Calculated