AKERSHUS ELEKTRO AS: årsregnskap 2003 vs 2002
Grew 30% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AKERSHUS ELEKTRO AS. Revenue 6.74m NOK → 8.73m NOK (+29.6%). Net result +246.9k NOK → +343.0k NOK. Equity 480.8k NOK → 483.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AKERSHUS ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.74m NOK to 8.73m NOK (+29.6% YoY). Calculated
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Operating result improved
Operating result +317.6k NOK → +464.4k NOK (op. margin 4.7% → 5.3%). Calculated
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Net result improved
Net result +246.9k NOK → +343.0k NOK (net margin 3.7% → 3.9%). Calculated
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Equity strengthened
Book equity 480.8k NOK → 483.8k NOK (equity ratio 21.9% → 19.5%). Calculated
Things to notice
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Payroll increased
Salary cost 2.25m NOK → 3.15m NOK (33% → 36% of revenue). Calculated