A E TUFTE AS: årsregnskap 2003 vs 2002
Returned to profit
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A E TUFTE AS. Revenue 471.4k NOK → 473.6k NOK (+0.5%). Net result -37.1k NOK → +218.5k NOK. Equity 4.27m NOK → 986.4k NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A E TUFTE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 471.4k NOK to 473.6k NOK (+0.5% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 37.1k NOK to a profit of 218.5k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +242.3k NOK → +209.8k NOK (op. margin 51.4% → 44.3%). Calculated
-
↓
Equity eroded
Book equity 4.27m NOK → 986.4k NOK (equity ratio 78.9% → 19.5%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 162.9k NOK → 36.9k NOK. Reported fact