Org.nr 976 527 569 2002 → 2003 Year-over-year analysis

AKERSHUS ELEKTRO AS: årsregnskap 2003 vs 2002

Grew 30% on revenue, stronger earnings

Full company analysis · All year comparisons

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.

Scorecard

Revenue
6.74m NOK 8.73m NOK
+29.6%
Operating result
+317.6k NOK +464.4k NOK
+46.2%
Net result
+246.9k NOK +343.0k NOK
+38.9%
Equity
480.8k NOK 483.8k NOK
+0.6%
Total assets
2.19m NOK 2.48m NOK
+12.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.74m NOK to 8.73m NOK (+29.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +317.6k NOK → +464.4k NOK (op. margin 4.7% → 5.3%). Calculated

  • ↑

    Net result improved

    Net result +246.9k NOK → +343.0k NOK (net margin 3.7% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 480.8k NOK → 483.8k NOK (equity ratio 21.9% → 19.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.25m NOK → 3.15m NOK (33% → 36% of revenue). Calculated