FirmaIQ
Org.nr 979 107 862 2002 → 2003 Year-over-year analysis

A.C.T. AS: årsregnskap 2003 vs 2002

Grew 13% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2003 with 2002 for A.C.T. AS. Revenue 2.25m NOK → 2.55m NOK (+13.4%). Net result -361.7k NOK → -1.12m NOK. Equity -758.9k NOK → -1.88m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.C.T. AS.

At a glance

Scorecard

Revenue
2.25m NOK 2.55m NOK
+13.4%
Operating result
+1.63m NOK +807.3k NOK
-50.4%
Net result
-361.7k NOK -1.12m NOK
-209.4%
Equity
-758.9k NOK -1.88m NOK
-147.5%
Total assets
27.07m NOK 26.01m NOK
-3.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.25m NOK to 2.55m NOK (+13.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.63m NOK → +807.3k NOK (op. margin 72.3% → 31.6%). Calculated

  • ↓

    Net result weakened

    Net result -361.7k NOK → -1.12m NOK (net margin -16.1% → -43.8%). Calculated

  • ↓

    Equity eroded

    Book equity -758.9k NOK → -1.88m NOK (equity ratio -2.8% → -7.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation