A KLEVEN EIENDOM AS: årsregnskap 2003 vs 2002
Cash halved-plus
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for A KLEVEN EIENDOM AS. Revenue 4.77m NOK → 4.77m NOK (-0.0%). Equity 35.67m NOK → 35.85m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A KLEVEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 35.67m NOK → 35.85m NOK (equity ratio 51.4% → 52.1%). Calculated
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↑
Payroll decreased
Salary cost 993.6k NOK → 876.0k NOK (21% → 18% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.77m NOK to 4.77m NOK (-0.0% YoY). Calculated
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↓
Cash fell
Bank deposits 2.14m NOK → 64.8k NOK (-97.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.14m NOK → 64.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation