A-K MASKINER AS: årsregnskap 2003 vs 2002
Grew 14% on revenue, returned to profit, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A-K MASKINER AS. Revenue 590.73m NOK → 673.58m NOK (+14.0%). Net result -455.6k NOK → +14.14m NOK.
On the constructive side: revenue rose; turned profitable. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for A-K MASKINER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 590.73m NOK to 673.58m NOK (+14.0% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 455.6k NOK to a profit of 14.14m NOK. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 3.52m NOK → 1.06m NOK (-70.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.52m NOK → 1.06m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 440.23m NOK → 514.49m NOK (+16.9% YoY). Calculated