Org.nr 980 327 000 2002 → 2003 Year-over-year analysis

911-TJENESTEN AS: årsregnskap 2003 vs 2002

Shrank 80% on revenue

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for 911-TJENESTEN AS. Revenue 1.34m NOK → 266.0k NOK (-80.2%). Equity -2.49m NOK → -5.05m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 911-TJENESTEN AS.

At a glance

Revenue

1.34m NOK 266.0k NOK

-80.2%

Operating result

-1.79m NOK -2.44m NOK

-36.0%

Equity

-2.49m NOK -5.05m NOK

-102.6%

Total assets

996.5k NOK 1.25m NOK

+25.7%

↓
Revenue fell

Operating income / revenue moved from 1.34m NOK to 266.0k NOK (-80.2% YoY). Calculated
↓
Operating result weakened

Operating result -1.79m NOK → -2.44m NOK (op. margin -133.6% → -916.4%). Calculated
↓
Equity eroded

Book equity -2.49m NOK → -5.05m NOK (equity ratio -250.3% → -403.4%). Calculated

·
Thin equity buffer

Equity ratio is -403.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 2.92m NOK → 900.2k NOK (-69.2% YoY). Calculated