Org.nr 982 372 143 2002 → 2003 Year-over-year analysis

HÅBJØRG INVEST AS: årsregnskap 2003 vs 2002

Shrank 45% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for HÅBJØRG INVEST AS. Revenue 336.7k NOK → 185.0k NOK (-45.1%). Equity 55.1k NOK → 41.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for HÅBJØRG INVEST AS.

At a glance

Revenue

336.7k NOK 185.0k NOK

-45.1%

Operating result

-1 461 NOK -14.0k NOK

-856.5%

Net result

n/m -14.0k NOK

—

Equity

55.1k NOK 41.1k NOK

-25.4%

Total assets

104.2k NOK 82.1k NOK

-21.2%

↑
Payroll decreased

Salary cost 201.5k NOK → 85.1k NOK (60% → 46% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 336.7k NOK to 185.0k NOK (-45.1% YoY). Calculated
↓
Operating result weakened

Operating result -1 461 NOK → -14.0k NOK (op. margin -0.4% → -7.6%). Calculated
↓
Equity eroded

Book equity 55.1k NOK → 41.1k NOK (equity ratio 52.9% → 50.0%). Calculated