A ENG AS: årsregnskap 2003 vs 2002
Shrank 14% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A ENG AS. Revenue 1.69m NOK → 1.46m NOK (-13.8%). Equity 1.71m NOK → 1.42m NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.69m NOK
1.46m NOK
-13.8%
Operating result
+545.2k NOK
+316.9k NOK
-41.9%
Equity
1.71m NOK
1.42m NOK
-16.6%
Total assets
4.22m NOK
372.1k NOK
-91.2%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.69m NOK to 1.46m NOK (-13.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +545.2k NOK → +316.9k NOK (op. margin 32.2% → 21.8%). Calculated
-
↓
Equity eroded
Book equity 1.71m NOK → 1.42m NOK (equity ratio 40.5% → 382.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 370.4k NOK → 395.1k NOK (22% → 27% of revenue). Calculated