A C SMITH & CO AS: årsregnskap 2003 vs 2002
Shrank 42% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A C SMITH & CO AS. Revenue 45.83m NOK → 26.45m NOK (-42.3%).
Pressures included: revenue fell; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
45.83m NOK
26.45m NOK
-42.3%
Total assets
27.21m NOK
18.65m NOK
-31.5%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 45.83m NOK to 26.45m NOK (-42.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 5 NOK → 8.24m NOK (0% → 31% of revenue). Calculated