A-4 ARKITEKTENE AS: årsregnskap 2003 vs 2002
Shrank 21% on revenue, weaker earnings, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A-4 ARKITEKTENE AS. Revenue 1.38m NOK → 1.09m NOK (-20.6%). Net result -44.9k NOK → -140.5k NOK. Equity 214.4k NOK → 73.9k NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 50.0k NOK → 100.0k NOK (+50.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.38m NOK to 1.09m NOK (-20.6% YoY). Calculated
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↓
Operating result weakened
Operating result -63.0k NOK → -186.9k NOK (op. margin -4.6% → -17.1%). Calculated
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↓
Net result weakened
Net result -44.9k NOK → -140.5k NOK (net margin -3.3% → -12.8%). Calculated
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↓
Equity eroded
Book equity 214.4k NOK → 73.9k NOK (equity ratio 39.5% → 15.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.01m NOK → 3.00m NOK (73% → 274% of revenue). Calculated