4 LIKE AS: årsregnskap 2003 vs 2002
Shrank 90% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for 4 LIKE AS. Revenue 544.8k NOK → 53.7k NOK (-90.1%). Net result +531.5k NOK → +234.6k NOK. Equity 145.6k NOK → 380.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 145.6k NOK → 380.2k NOK (equity ratio 8.7% → 21.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 544.8k NOK to 53.7k NOK (-90.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +111.3k NOK → +27.3k NOK (op. margin 20.4% → 50.9%). Calculated
-
↓
Net result weakened
Net result +531.5k NOK → +234.6k NOK (net margin 97.6% → 436.6%). Calculated
-
↓
Cash fell
Bank deposits 4 652 NOK → 282 NOK (-93.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated