A ASBJØRNSENS EIENDOM AS: årsregnskap 2003 vs 2002
Shrank 60% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A ASBJØRNSENS EIENDOM AS. Revenue 5.50m NOK → 2.20m NOK (-60.0%). Net result +1.47m NOK → +2.31m NOK. Equity 2.77m NOK → 3.82m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A ASBJØRNSENS EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +1.47m NOK → +2.31m NOK (net margin 26.8% → 105.0%). Calculated
-
↑
Equity strengthened
Book equity 2.77m NOK → 3.82m NOK (equity ratio 10.0% → 12.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.50m NOK to 2.20m NOK (-60.0% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 200.0k NOK → 700 NOK — check capital reduction, conversion, or reclassification. Interpretation